European Union: Financial Restructuring

FP Nieuwegein B.V., operating under the name Fat Phill's, has been declared bankrupt by the District Court of The Hague. The curator is investigating possibilities for a restart of the hospitality business, with interested parties invited to submit expressions of interest by September 14th. Employee contracts will be terminated following standard bankruptcy procedures, with salary payments handled through the UWV wage guarantee scheme.

Filing for insolvency carries significant legal and reputational consequences, but what happens when a company's financial situation improves after filing? This article examines the legal framework...

Greece's Parliament has passed sweeping amendments to the out-of-court debt workout mechanism, fundamentally altering the balance of power between debtors and servicers.

CEOs and their executive teams face a critical misalignment in assessing market pressures, creating governance challenges that demand a fundamental rethinking of portfolio management. This article examines why the traditional sequential approach to evaluating underperforming business units destroys value and presents a concurrent decision framework that treats fix, sell, and close options as simultaneous strategic choices rather than a process of elimination.

The European Union has formally adopted a directive establishing minimum standards for insolvency law harmonization across Member States, covering avoidance actions, asset tracing, pre-pack proceedings, director filing duties, creditors' committees, and transparency measures. While the directive sets baseline requirements in these critical areas, its practical impact on German insolvency law is expected to be limited, as Germany's existing framework already meets or exceeds most of the directive's standards

The acquisition of assets or business operations out of insolvency proceedings presents distinct legal challenges under German law, particularly regarding the automatic transfer of employment relationships. The "acquirer concept" (Erwerberkonzept) offers a legally reliable solution that enables workforce restructuring while avoiding prohibited terminations based solely on the transfer of operations.

Late payments are the quiet tax on business. They erode working capital, force firms to borrow and, in the worst cases, turn a profitable contract into a loss. In Malta – as elsewhere – creditors have more leverage...

In its judgement of 25 February 2026, in the names of Keith Farrugia vs. Dragonara Gaming Limited, the Court of Appeal confirmed that a redundancy arising from a genuine restructuring...

Whether you are a company manager, a foreign entrepreneur, or an investor, sooner or later you might face an issue of debt collection in Poland.