Resist Rezanko Sitek is advising the bankruptcy trustee on the bankruptcy proceedings for SKOK Kujawiak.
Foreclosure Over Cryptocurrency in Bulgaria
Cryptocurrency has been gaining momentum in the recent decade all over the world, including Bulgaria. On one hand, the development of block chain technology and the wide spreading digitalisation in almost every sphere of human life reasonably produced new revolutionary payment means along with the traditional good old money. On the other hand, cryptocurrency rapidly became a symbol of freedom as not being issued and accepted by any central bank or credit institution as well as being easily accessible via Internet literally by every person.
Lextal Advises Solbritt on Reorganization
Lextal has advised Solbritt on its reorganization and restructuring plan.
MFW Fialek Advises Milestone Real Estate on Reorganization
MFW Fialek has advised Milestone Real Estate on its group reorganization.
Marcell Nemeth Joins DLA Piper as Partner in Vienna
Former Wolf Theiss Partner Marcell Nemeth has joined DLA Piper’s Finance, Projects & Restructuring practice as a Partner in the firm's Vienna office.
Glatzova & Co Advises Vitkovice Foundries on Reorganization
Glatzova & Co has advised the Vitkovice foundries on the negotiation and preparation of the reorganization plan and the approval of the prepackaged reorganization, including the preparation of credit financing to ensure liquidity during insolvency proceedings.
New Remedies for Companies in Financial Distress. Brief Considerations on the Restructuring Agreement
In Romania, even the most optimistic estimates show that only a handful of companies (less than 10%) manage to reorganize through insolvency, as previously regulated by Law 85/2006 and then by Law 84/2014 on insolvency prevention and insolvency proceedings (“Law 85/2014”).