Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Europe column: Interpreting a no-action clause in a trust deed

By Bob Wessels

10 December 2018

Bob Wessels, professor emeritus of international insolvency law at Leiden University and expert counsel on restructuring and insolvency to the European Commission, discusses the interpretation of a no-action clause in a trust deed, with a focus on the restructuring of the Brazilian telecom group Oi.

Europe column: Interpreting a no-action clause in a trust deed Bob Wessels