Updated Insolvency Laws

Enzen Plans Get Green Light

On 25 March 2025, a UK court approved restructuring plans for Enzen Global Limited and Enzen Limited, addressing key legal and commercial issues. The judgment welcomed HMRC’s active participation and…

German fashion chain Gerry Weber files for insolvency

Gerry Weber, a German women's fashion brand, has filed for insolvency again, aiming to restructure and continue operations. The court-appointed administrator is Lucas Flöther, and restructuring expert…

New Insolvency Legislation in Ukraine: Strengthening Transparency and Preventing Asset Misappropriation

In addition to introducing preventive restructuring procedures, Law No. 3985-IX ("On Amendments to the Bankruptcy Code of Ukraine and Certain Other Legislative Acts of Ukraine Regarding the Implementation…

EUROINS Romania’s bankruptcy appeal rejected: final ruling confirms insolvency

EUROINS Romania’s appeal against its bankruptcy has been rejected by the Bucharest Court of Appeal, confirming its insolvency. The ruling upholds the Bucharest Tribunal’s June 2023 decision, which…