Inigo De Luisa, Ignacio Buil Aldana
Royal Decree Law 4/2014 of March 7, on urgent measures for refinancing and restructuring corporate debt, significantly amends Spain's insolvency regulation in several key ways. One of its most relevant new provisions deals with the new regime for court-sanctioned (homologation) refinancing agreements (also known as Spanish schemes of arrangement) under the 4th Additional Provision of the Spanish Insolvency Law.
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