Miguel Lamo de Espinosa reflects on the impact of the new Insolvency Law | Expansión
26 of November, 2024
Our partner and Director of Restructuring and Special Situations, Miguel Lamo de Espinosa, analyses the impact of the new Insolvency Law and the opportunity it represents for Spain on the international scene.
Two years after the implementation of the new Insolvency Law, Miguel Lamo de Espinosa, key figure in the application of the law in the operations with Celsa and Telepizza, indicates that examples like these show that the rule works and makes Spain seen as an interesting and credible country.
A restructuring plan sanctioned in England and Wales that modifies debt subject to German law has no effect in Germany
Recognition of UK restructuring plans remains a contentious issue in the European Union. This decision by the Frankfurt am Main Regional Court is controversial, but it raises questions about the consequences of the application of the rule in Gibbs by the courts of England and Wales in this context.