Lawyer Monthly - April 2023

Anne-Marie Nicolas Anne-Marie Nicolas is a partner at Loyens and Loeff, as well as the head of its Luxembourg Banking & Finance practice and co-head of its Luxembourg Restructuring practice. Her practice focuses on secured lending, including acquisition finance, and real estate. She also handles distressed financings, security enforcements and debt restructurings. Loyens Loeff is a leading legal and tax advisory firm headquartered in Rotterdam. With over 1,000 advisors across its Netherlands, Belgium, Luxembourg and Switzerland offices, the firm offers full-service legal advice and specialist support for businesses internationally. Noémi Gémesi Noémi Gémesi is a counsel at Loyens and Loeff and a member of its Banking and Finance practice group. Her focus is on capital markets regulation and securities laws. Contact Anne-Marie Nicolas, Partner T: +352 466 230 314 E: anne-marie.nicolas@loyensloeff.com Noémi Gémesi, Counsel T: +352 466 230 291 E: noemi.gemesi@loyensloeff.com Loyens & Loeff 18-20, rue Edward Steichen, L-2540 Luxembourg www.loyensloeff.com complex restructuring and insolvency scenarios while remaining agile and able to adapt the legal advice to quickly changing and sometimes tense situations while keeping in mind that the goal is (normally) to get to a deal. When acting for the issuer or its board, we also must take the board’s potential liability into account. We bring considerable creative expertise in the field of bond restructurings and recognise the specifics of listed bonds and the mindset of bondholders and boards, depending on their corporate culture. The other key skillset we use is our knowledge of certain foreign markets. Based on precedent experience, we have the ability to compare and clarify the differences in markets, liability standards and corporate governance aspects in both foreign markets (such as the US, the UK, Germany and Brazil for instance) and the Luxembourg legal frameworks as well as the practices of the respective courts in these jurisdictions. This also helps in our advising on (litigation) risk assessments in the context of the negotiation with the bondholders. SPECIAL FEATURE 45 Loyens & Loeff Luxembourg regularly advises clients on both the issuer and the creditor/ investor side on the restructuring of bonds.

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