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Framework for preventive restructuring

Appropriate entry requirements from a consultant's point of view

According to EU Commission guidelines, the EU Member States should create a preventive restructuring framework that is as uniform as possible. The current draft directive of 17.12.2018 requires that the widely set guard rails be transformed into a national approach in a suitable manner that meaningfully complements and improves the current German restructuring practice.

Our current article in the INDat-Report highlights: 

Material Entry Requirements

  • earliness
  • abuse prevention
  • necessary time frame from a practitioner's point of view

Formal Entry Requirements

  • typical information needs of the key stakeholders
  • formal requirements per process step
  • graduated, sequential documentation