Debt Restructuring - An Alternative to Insolvency Proceedings: Jurisdictional Comparisons

Debt Restructuring – Jurisdictional Comparisons is the essential reference guide for financial institutions, legal professionals and investors. Covering major jurisdictions worldwide it provides a clear overview of the law and regulation governing debt restructuring in each one, and is structured to allow easy comparisons between jurisdictions.

• Offers a well organised starting point for international reference

• Covers the law in major jurisdictions around the world

• Uses a reader-friendly Q&A format that enables quick and easy crossjurisdictional comparisons

• Includes contributions from leading local practitioners who are experts in the field

• Addresses the key questions of multinational organisations

• Explains what restructuring proceedings or schemes aimed at avoiding insolvency liquidation are available in each country

• Sets out the scope, conditions, procedures and outcomes of the various proceedings/schemes

• Covers areas such as conditions for admission; can rights of creditors be modified without their consent; provisions for payment of creditors; role of the court or other public authority; main steps for the proceeding; stay of creditors’ enforcement actions; documentation to be filed; joint proceeding; consequences of successful completion

• Provides straightforward, practical commentary on each jurisdiction and the respective legal systems