Restructuring & Insolvency
On February 28 last the European Commission published the Draft Agreement on the withdrawal of the United Kingdom from the European Union (“EU”). This draft, based on the Joint agreement submitted by the the negotiators of the EU and the United Kingdom on December 8, 2017, will set the tone for the future negotiations between the Union and the United Kingdom.
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.
Newsletter Restructuring & Insolvency Newsletter - February 2018