The asset stripping ban in section 71 of Law 22/2014 Abstract

Nº 2 / 2015 - abril-junio

The asset stripping ban in section 71 of Law 22/2014

Salvador Ruiz Bachs
Allen & Overy

Abstract:

The asset sripping ban may pose an impediment on restrictions on m&a deals bby private equity funds to make distributions or reduce capital. This ban however can be easily overcome.

Keywords: Asset stripping, Venture Capital and Private Equity Funds, M&A, AIFMD, capital reduction, assets liquidation.