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logo Asli Orbay Reporter, Arbitration and Litigation, Debtwire CEEMEA

The Kingdom  of Bahrain enacted a new bankruptcy law in December 2018, sweeping away its previous legislation and replacing it with a thoroughly modern toolkit. The law is a revolutionary improvement compared to what existed before, said lawyers polled by Debtwire.

logo Dawn Grocock Legal Analyst, Debtwire

The UK scheme of arrangement will face stiff competition following Brexit and the European Commission’s directive, according to a panel of investors and lawyers at Debtwire’s Germany Forum held at Frankfurt’s Villa Kennedy on Wednesday (13 September). The panel, moderated by Latham & Watkins partner Frank Grell, considered the restructuring routes available to investors; whether the UK scheme will lose its appeal post-Brexit, and what alternative restructuring tools may be available, particularly in light of the EU harmonisation initiative.

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