Alexandra Grant acted as the contributing editor to the Global Practice Publication, and Thomas Ingenhoven acted as the contributing author to the “Trends & Developments – Germany” chapter. The guide, which covers 34 jurisdictions, discusses the impact of COVID-19, the high-yield market, restrictions on foreign lenders granting loans or security, foreign currency exchange, debt buy-back, withholding tax, guarantees and security, bankruptcy and insolvency, and EHS laws.
The “Trends & Developments – Germany” chapter authored by Thomas Ingenhoven provides an overview of financial trends and developments in the German market, including, among other subjects, the modified German insolvency regime to prevent insolvencies of companies, the new financing and loan measures due to the COVID-19 crisis, as well as the financing programmes of the German government to respond to the liquidity needs of the economy and COVID-affected businesses.
Miko Bradford once again authored the Banking and Finance “Trends and Developments - UK” chapter, which examines the impact of COVID-19 on consolidated EBITDA, leakage in well publicised litigations, debt capacity, yield protection and ESG amongst other areas that have been prevalent in 2020.