European Guide to Support Businesses: Covid-19 Impact Debt Restructuring & Insolvency

The spread of the Covid-19 pandemic in 2020 forced many countries in Europe to implement special legal solutions in order to adjust to the exceptional circumstances and the new reality that continues in 2021.

Andersen, through the member and collaborating firms of Andersen Global and its European Service Line Restructuring and Insolvency, has prepared this guide to provide an insight into legal solutions adopted by selected European states in a response to the Covid-19 pandemic in the context of insolvency and restructuring procedures. It also encompasses other mechanisms deployed to mitigate negative consequences of the Covid-19 pandemic, such as suspension of contractual obligations as well as optional or obligatory moratoria.