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- European restructuring & insolvency – what we saw in 2022 and what to expect in 2023
European restructuring & insolvency – what we saw in 2022 and what to expect in 2023
Matthew Czyzyk, Samuel Norris, Natalie Blanc, Emily Ma and Ana Biloglav of Ropes & Gray examine what we saw in the European distressed market in 2022, including a steady increase in the market, the prevalence of covenant lite/covenant-loose debt documentation, and the continued popularity of the Part 26A restructuring plan.