Thu 11/16/2023 11:08 AM
Relevant Documents:Restructuring Plan (German and English)
Amendments to Finance Agreement (German and English)
A direct lender to Spark Networks, MGG Investment, will take control of the German dating website group as part of a proposed restructuring plan under the Germany’s Corporate Stabilization and Restructuring Act or StaRUG.
Spark appears to be the first debtor that will seek Chapter 15 recognition of a StaRUG plan in the U.S. The group had considered using an English scheme of...
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