The aim of the RDL is to improve and clarify certain aspects of the rules governing outof-court protected refinancing arrangements and the so-called Spanish scheme or "homologación judicial" whilst trying to solve other inefficiencies of the legal regime applying to those refinancing arrangements that have arisen in practice. This is a preliminary review that we thought should be shared with you as soon as possible given the number of current debt restructurings that may be affected by its content.
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Region:
Spain
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