RESTRUCTURING & INSOLVENCY - How Brexit Redefined the UK’s Role in Cross-Border Restructuring
Introduction Brexit abruptly stripped the United Kingdom’s restructuring framework/model of its most valuable asset: automatic recognition across Europe, turning it from a predictable default into an experimental lab. London’s judicial system, capital markets, and the widespread use of English law for international debt instruments once made the UK a default forum for complex restructurings. Brexit, however, has disrupted this position. The loss of EU recognition frameworks has forced...
