Investing in Distressed Debt in Europe, Second Edition: The TMA

Investing in Distressed Debt in Europe, Second EditionThe TMA Handbook for Practitioners\nAuthor(s): Ignacio Buil Aldana, Patricia lvarez Alonso\nFormat: Hardback\nPublisher: Globe Law and Business Ltd, United Kingdom\nImprint: Globe Law and Business Ltd\nISBN-13: 9781787429376, 978-1787429376\nSynopsis\nThroughout the COVID-19 pandemic, opportunities for distressed-debt investors continued to appear in the European market despite high numbers of state-backed loans and financial injections from EU member states. Such opportunities are set to increase significantly as this financial assistance is gradually withdrawn, and especially in light of the EU Directive 1023/2019 on Preventive Restructuring (the Restructuring Directive), which gives a more central role to distressed creditors who will benefit from more flexible pre-insolvency instruments with a broader scope. This second edition, co-published with TMA Europe, provides an overview of the European distressed-debt market and cove.