Publications - Restructuring and Insolvency
New guarantees for the refinancing of personal debt and SME debt
The Direction issued by the DGRN on February 5, 2018, takes a highly practical approach to the initial steps to be taken in arranging an AEP and, above all, clarifies some uncertainties that have previously frustrated the refinancing process.
Non-performing loans fall by 4,6% across the Member States according to European Commission’s first progress report on the issue
Newsletter Restructuring & Insolvency Newsletter - February 2018
Utilization of the “veto clause” in the European Regulation on insolvency: Does the election of a foreign law make it possible to “elude” application of the national insolvency legislation
Restructuring & Insolvency Newsletter - July 2017
July newsletter prepared by professionals from the Restructurin & Insolvency Department.
Restructuring & Insolvency Newsletter - April 2017
February newsletter prepared by professionals from the Restructurin & Insolvency Department.
Battle against the elements
Non-performing loan transactions are a very real topical issue in Spain. 2016 left us with 18 large-scale sales of NPL portfolios made by Spanish banks and savings banks, worth €13 billion euros. It is estimated that in Spain alone NPLs to the…
Restructuring & Insolvency Newsletter - February 2017
February newsletter prepared by professionals from the Restructurin & Insolvency Department.
Restructuring & Insolvency Newsletter - November 2016
The new release of our newsletter features: An analysis regarding the impact of the repeal of certain court fees on court-based insolvency proceedings (both principal and ancillary); the most significant cases and transactions in which Garrigues has…
Spain: Hurdles when Acquiring or Managing NPLs or REOs Portfolios
There was a particularly vibrant start to 2016 in Spain: the first general elections had just been held from which the nation’s government was to emerge, the entire country had been left waiting for an agreement that would enable the formation…
Restructuring & Insolvency Newsletter - July 2016
The new release of our newsletter features the most significant cases and transactions in which Garrigues has intervened over the last few months including the request by a number of companies of the Pacific Group seeking the recognition in Colombia…
Brexit in legal check?
June 23, 2016 is a date that will go down in history for the UK as the day British citizens voted for a different future separate from the rest of the EU Member States. If Brexit goes ahead, it will mean that the treaties, regulations and directives…
Uncertainties arising from Brexit in relation to international litigation and corporate restructuring and insolvency matters
This commentary describes some of the main issues and uncertainties that the United Kingdom’s exit from the European Union will bring, concerning matters such as choice of court agreements, recognition and enforcement of judgments, choice of…