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Restructuring & Insolvency weekly highlights—6 May 2021

Restructuring & Insolvency weekly highlights—6 May 2021
Published on: 06 May 2021
Published by: LexisPSL
  • Restructuring & Insolvency weekly highlights—6 May 2021
  • In this issue:
  • Restructuring
  • National Security & Investment Act becomes law—confirms new FDI screening regime will be introduced
  • International restructuring and insolvency
  • Recognition of EEA credit institution insolvency proceedings post-Brexit (Re Greensill Bank AG) 
  • Communication from the Commission on its assessment of UK's application to accede to the 2007 Lugano Convention published in Official Journal
  • Third party payments and conflicting governing law in EU insolvency (ZM v E.A. Frerichs)
  • Application of modified universalism where Article 4 of Brussels I (recast) is engaged (WWRT v Tyshchenko)
  • Key R&I law developments
  • More...

Article summary

This week’s edition of Restructuring & Insolvency weekly highlights includes: the National Security and Investment Act receives Royal Assent, the High Court’s decision in Re Greensill regarding the recognition of foreign proceedings involving credit institutions under the Cross-Border Insolvency Regulations 2006, the introduction of the Breathing Space moratorium for debtors, plus a round up of other R&I related news. or take a trial to read the full analysis.

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