Volume 7 (2010) / Issue 2
The current financial crisis had lead to a resurgence of debt-for-equity swaps as a corporate rescue tool throughout Europe. There are a number of common factors to be addressed with any debt-for-equity swap. This article seeks to focus on these factors and how they are typically addressed by debtors, the converting creditors and other stakeholders. The relevant rules and impediments in a number of EU countries are identified.
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