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Wildy's will be closed on Monday 29th May and will re-open on Tuesday 30th May.
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The Restructuring Review brings together the expertise of local counsel in 30 of the most significant jurisdictions around the world to help general counsel, government agencies and private practice lawyers understand the conditions prevailing in the global restructuring market in the past year and to highlight some of the more important legal and commercial developments during that period.
Unsurprisingly, the global economy is still struggling to emerge from the worst financial crisis since the Great Depression. The past year has seen mixed conditions, with improvements in some areas, the effects of which are being dampened by the deep-rooted systemic problems several western nations face in dealing with their sovereign debt balances. Government support for banking systems and the worldwide economy has been helpful, but widespread austerity measures, tax hikes and volatile financial markets make for difficult navigating. The effects of the global recession continue to be felt, with economic growth remaining, despite some bright spots, generally uninspiring. Considerable uncertainty remains as to how best to remedy systemic weaknesses in our economic system, and on how properly to assist indebted nations and their often over indebted inhabitants.