Since the beginning of the European financial crisis, Richards Kibbe & Orbe LLP has been working with counsel in Spain, Italy, Ireland, Greece and Portugal, among other jurisdictions, to ensure our trading clients receive the broad perspective and tailored guidance they require. This memorandum provides a brief overview of key legal, insolvency and tax issues to consider when investing in these jurisdictions and a snapshot of the economic backdrop affecting distressed investors.
Please note that at the time of publication, George Papandreou was Prime Minister of Greece. The information was correct at October 2011 and is subject to change.