Why are more and more companies - especially in the retail sector – applying for the opening of Self-Administration or Protective Shield Proceedings in Germany?
After all, by making use of self-administered / protective shielding procedure, companies are foregoing both, the recently adopted suspension of the obligation to file for insolvency and the extensive aid packages of the state in order to mitigate the COVID-19-pandemic (e.g. short-time work compensation, KfW loans etc.) through the claim of a process of Self-Administration or Protective Shield.
- What are the advantages of Self-Administration or Protective Shield Proceedings?
- What effect does such a procedure have on existing tenancies?
- What are potential pitfalls?
Dr. Nefail Berjasevic and Marc Häger, restructuring and real estate experts, will answer these questions and present the Self-Administration / Protective Shield Proceedings as a restructuring instrument.
In cooperation with JLL we invite you to join our Conference Call this Thursday, 28 May and look forward to an open dialogue with you on this current topic. The conference call will be held in English.
Register now for one of the free spots via e-mail to Josefine Ulrich, JLL: Thursday, 28th May 2020, 04:00 - 04:30 pm CET
Access link to the audio conference will be send to you by mail after registration.