The Evolution of Banking and Finance has been assembled with an understanding of the 2008 crisis and with a view to apply the lessons learned to developments in the market today. We begin with a look at how the crisis is impacting the banking industry, shaping the lending market, shifting the regulatory environment and what lessons can be learned going forward.
Our lawyers also consider how to achieve a successful debt restructuring and efforts to humanize legal content for banking customers.
Government bail outs, injections of liquidity, subsidies and moratoria - the new reality in our region. Great support with unclear mid- and longterm effects. What we have seen during the last financial crises may be little compared to the challenges ahead. The financial sector will play a key role to overcome the situation and to deal with the new normal.
Nikolaus Paul, Partner