US Law Firm Gibson Dunn Is Chasing a Big Distressed Debt Opportunity in Europe
The Credit Edge by Bloomberg Intelligence
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Navigating Distressed Debt in Europe vs. US
This chapter explores the contrasting legal environments for distressed debt and corporate restructuring between Europe and the US, focusing on the subtleties of judicial behavior and management's reputational risks. It highlights the jurisdictional differences across European countries such as France, Germany, and Luxembourg, and discusses the nuances of co-op agreements in ensuring equitable treatment among various lender groups. The conversation also emphasizes the strategic growth of a legal practice in Europe to meet the evolving demands in distressed debt transactions.
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