Germany amends insolvency rules following Lehman “netting” decision
The Reichstag (Credit: iStock.com/ClaudioVentrella)
The German parliament has passed an amendment to its insolvency code, providing clarity on the status of “netting” arrangements in financial transactions, which was cast into doubt by the country’s highest court in June last year.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now