TITLE

Debt of latitude

AUTHOR(S)
Segal, Nick
PUB. DATE
January 2007
SOURCE
Lawyer;1/15/2007, Vol. 21 Issue 2, p32
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The author reflects on the impact of the U.S. bankruptcy practice on Great Britain and European financial restructurings. The author inferred that the schemes for financially distressed debtors is one aspect of the restructuring law in Europe where there is an increasing pressure to adopt the U.S. system. He believed that the U.S. method to valuations must be treated as part of a wider custom-made balancing of the interests of senior and junior creditors within the Chapter 11 clause.
ACCESSION #
24014619

 

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