Recent European legislation means that non-UK incorporated companies can be put into administration in the UK if they fulfil certain criteria. Impending changes to UK law will also make administration quicker and cheaper. Together these make UK administration increasingly attractive as a tool in cross-border restructurings involving European operations. This briefing outlines the UK and European changes and considers their impact.
To read the full article by lawyers from Freshfields Bruckhaus Deringer go to Global Analysis articles.
