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Austrian Government Agrees on a Bill to Wipe Out Claims of Subordinated Creditors of HYPO ALPE-ADRIA-BANK INTERNATIONAL AG

Further to our client alert of last week , the attached client alert gives a first snapshot of the bill to restructure HYPO ALPE-ADRIA-BANK INTERNATIONAL AG. Most notably, the bill contemplates a complete wipe out of certain subordinated creditors of HYPO ALPE-ADRIA-BANK INTERNATIONAL AG.

For further information please contact

Kurt
Retter
Partner
Austria
Claus
Schneider
Partner
Austria
Christine
Siegl
Consultant
Austria

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