With continuing daily headlines in the news it can be difficult to resist Brexit fatigue, but with the UK government and EU representatives at a very sensitive stage in the negotiations regarding the terms of the UKs exit from the EU, it is worth focussing for a moment on a less publicised end of the financial services market, that of bankruptcy and restructuring.
Whilst the City of Londons leading position in the world as a world financial centre is undisputed, over the last 15 or so years the City has developed into a prime location to carry out restructurings of major global companies. The UKs interaction with and membership of the EU has played a major part in that growth.
Since 2002, the EC Regulation on Insolvency (now evolved into…
Read the full article at: https://www.financialdirector.co.uk/2018/02/28/brexit-end-cross-border-cooperation-insolvency/
