External support to restructure companies in Greece

Taking advantage of recent changes for viable businesses.

Feb­ru­ary 8th 2016, Dr. Daniel H. Brüll­mann, www.arranger.ch,

After notic­ing in a pre­vi­ous paper that the improved Greek legal frame­work for insol­ven­cies, which still seems dys­func­tion­al in some aspects, and the recent recap­i­tal­iza­tion of banks open oppor­tu­ni­ties to com­pa­nies and entre­pre­neurs to restruc­ture their busi­ness­es, we address some of the steps to under­take for either out-of-court or in-court restruc­tur­ing to save long term sur­vival of a viable business.