When economic growth changes into depression, it almost always means facilitation of debt restructuring across both the private and state sectors. Some high value cross-border restructurings over the last couple of years became a positive sign for restoring the confidence of international lenders.
Restructuring plans inevitably impacted the real economy.
The existence of appropriate legislative tools is a matter of crucial importance for both sides of the restructuring process. The new Law On Financial Restructuring was developed primarily for such purposes, and several restructuring projects have been already closed in accordance with this new law.
On the local front the situation with non-performing loans exposed the banking sector to heavy losses. NPLs pose a serious threat to banking stability, as its level in Ukraine is higher than in other European states. Meanwhile, the distressed debt market is showing signs of revival.
We start the year of 2018 with in-depth exploration of financial restructuring, and investing in non-performing loans, discover the figures for developing effective logistics, learn pricing mechanisms in M&A deals and interim injunctions in common law jurisdictions used in cross-border litigation evolving Ukrainian business.