The economic effects of the pandemic will continue to be felt for years to come. Distressed businesses and their stakeholders need swift access to effective and efficient restructuring procedures to protect value and provide an opportunity for a return to successful operation.
With this in mind, legislators globally are reshaping their restructuring laws in favor of a more debtor-friendly and recovery-focused approach.
Working with our colleagues across the globe, we have produced a comparative guide which provides an overview of new and existing restructuring frameworks across certain key jurisdictions.
You can use the guide to:
Publication
The Economic Crime and Corporate Transparency Bill 2022 (Bill) was introduced in the House of Commons on September 22, 2022. The Government describes it as effectively the second part of a legislative package to prevent the abuse of UK corporate structures and tackle economic crime, following on from the Economic Crime (Transparency and Enforcement) Act 2022, which received Royal Assent in March 2022.
Publication
A sale of shares and the related share purchase agreement commonly provide for warranties given by the sellers to the buyers. The warranties are statements of fact on which the buyers rely in making their decision on the acquisition.
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