Publication
Greece
The applicable legislation establishing a national screening mechanism for foreign direct investments (FDI) and implementing Regulation (EU) 2019/452 in Greece is Law 5202/2025, which was adopted on 22 May 2025 (Greek FDI Law).
International Restructuring Newswire
Q3 | 2024
To our clients and friends
With this issue, I am pleased to have the opportunity to congratulate my partner and co-head of the Norton Rose Fulbright restructuring group, Scott Atkins, on an extremely successful three-year term as president of INSOL International. INSOL is the leading global organization of insolvency professionals.
Scott was instrumental in developing a comprehensive strategic review of INSOL through the landmark INSOL 2030 Strategic Plan and by leading several new future-shaping initiatives to enable INSOL to continue to serve its members in the decade to come.
Scott led the INSOL conferences in London 2022, in Tokyo 2023 and, most recently, in San Diego 2024. These were milestone events for INSOL, including celebrating INSOL’s 40th anniversary and driving membership growth to a record 12,300 members from over 108 countries.
As the co-leader of our Restructuring group, Scott provides a fantastic global perspective to help us advise our clients through these turbulent times. Scott’s clear and strategic leadership will be invaluable as the world realigns around geopolitical and technological disruption.
- Considerations on forbearance and enforcement of security on Canadian loans
- Trading in the zone of insolvency: English High Court orders directors to pay highest ever penalty
- The Hill’s the limit in Canada: British Columbia Court of Appeal confirms jurisdiction to grant reverse vesting orders in receivership proceedings
Good reading,
Howard Seife
Global Co-Head of Restructuring
New York
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Recent publications
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UK Government’s Department for Transport publishes Maritime Decarbonisation Strategy
The UK Government’s Department for Transport (the DfT) has published its Maritime Decarbonisation Strategy, setting out its plan for decarbonising maritime and new decarbonisation goals for the UK domestic maritime sector.
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Privy Council confirms burden of proof regarding duty to achieve best price reasonably obtainable rests with the mortgagor
On 29 May 2025, in Finlayson v Caterpillar Financial Services Corp [2025] UKPC 24 (The Bahamas), the Judicial Committee of the Privy Council of the United Kingdom (the Privy Council) heard the appeal of Mr Garet O Finlayson and Mr Mark Finlayson (the Appellants) following the Supreme Court of the Bahamas and the Court of Appeal of the Bahamas finding in favour of the respondent, Caterpillar Financial Services Corporation (the Respondent).
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