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16 may 2022

The impact of amendments to the Portuguese insolvency code and corporate restructuring law on general framework agreements for financial instruments (among others)

The impact of amendments to the Portuguese insolvency code and corporate restructuring law on general framework agreements for financial instruments (among others)
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Law no. 9/2022, of 11 January 2022, which entered into force on 11 April, transposes Directive (UE) no. 2019/1023, of the European Parliament and of the Council of 20 June 2019, amending several laws, including the Portuguese Insolvency Code (“PIS”), with a particular impact on the provisions applicable to special restructuring processes (in Portuguese, the Processo Especial de Revitalização – “PER”).