BDU position paper on the preventive restructuring framework
Berlin, 05.11.2019. In its recently published position paper on the preventive restructuring framework, the Fachverband Sanierungs- und Insolvenzberatung of the Bundesverband Deutscher Unternehmensberater (BDU) (Professional Association of Restructuring and Insolvency Consultants of the Federal Association of German Management Consultants) has drawn up concrete implementation proposals for the proposed law. Under the direction of Burkhard Jung, the professional association addresses the main topics - early warning system, path to the restructuring framework, selection and qualification of the restructuring officer, restructuring plan and scope of possible restructuring measures.