Denmark
Author: Piya MUKHERJEE, Horten Advokatpartnerselskab, Copenhagen, Denmark
Update: 28 July 2014
Greece
Authors: George B. BAZINAS and Yiannis SAKKAS, Bazinas Law Firm, Athens, Greece
Update: 8 November 2013
Latvia - 2013
Authors: Martins Bunkus and Edvins Draba, Bunkus Law Firm, Riga, Latvia
Update: 29 July 2013
Latvia - 2007
Author: Daiga Saleniece, Insolvency Administration and Deputy Director of the Dept. of Strategic Planning & Elaboration of Normative Acts, Latvia
Source: Eurofenix 2007 Spring Edition
Portugal
Author: Catarina SERRA, Professor of Commercial Law, Corporate Law and Insolvency Law, University of Minho, Braga, Portugal
Updated: 1st July 2014
Duro Felguera announces court approval of its restructuring plan
Spanish engineering group Duro Felguera has secured court approval for its restructuring plan, marking a significant milestone in its efforts to restore financial stability. The Commercial Court in Gijón…
Himolla looks to restructure through protective insolvency process
German furniture manufacturer Himolla Polstermöbel GmbH has entered ‘protective shield proceedings’, a court-supervised restructuring process designed to allow the company to reorganise while continuing…
Appliances maker Electrolux to close Hungarian factory
Swedish appliance manufacturer Electrolux has announced it will close its factory in Jászberény, Hungary, by the end of 2026, with around 600 jobs affected. The site produces built-in and freestanding…
Former WH Smith’s small suppliers to lose at least half of debts in rescue plan
Small suppliers face losing at least 50% of the money owed to them by the 450-store high street chain TG Jones, formerly WH Smith, under a controversial restructuring plan. Bought last year for £76m…
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