Klaus Ilmonen & Maria Lassenius, Hannes Snellman
Who gets to control the company: Creditors or shareholders?In a bankruptcy creditors are given priority over equity holders. But before the bankruptcy, conflicts of interest and problematic incentive situations arise as different constituencies renegotiate terms of financing. New EU and national regulation is being introduced for pre-insolvency situations that can affect the negotiating balance between creditors and shareholders. This raises interesting corporate governance questions.
- You can download the PowerPoint-presentation
Wednesday 11.1 16.30-18.00
Venue: Auditorium FuturumKlaus Ilmonen has qualified as an attorney in the State of New York, and practised U.S. securities law in the London office of the law firm Cleary, Gottlieb, Steen & Hamilton. He has been a visiting researcher at Harvard Law School, he holds a LL.M. degree from Columbia Law School in New York and a doctorate in law from the University of Helsinki.Maria Lassenius has a Master of Laws degree from University of Helsinki and has worked for Hannes Snellman since 2002. She practices in the field of bank lending, acquisition financing, real estate financing, leasing and asset fianncing and project financing she also has a broad experience from insolvency and restructuring work, representing both creditors and debtors.
|Klaus IlmonenPartner, Hannes Snellman||Maria LasseniusPartner, Hannes Snellman|