Senior Partner Jyrki Tähtinen and Partner Robert Peldán have contributed a detailed article on Stockmann’s complex restructuring process to the latest edition of INSOL Europe’s quarterly journal Eurofenix. The publication is distributed widely within the European and global insolvency and restructuring community.
In the article, Jyrki and Robert discuss and provide their insights on what made Stockmann’s restructuring such a groundbreaking and demanding process. The many innovative solutions required to save the iconic retailer included e.g. debt-to-equity conversion, which is generally not recognised under the Finnish Restructuring Act.
Read the full article [here] (in English).