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European restructuring research

European restructurings, read from the court record.

Case summaries, capital structures and timelines for distressed European credits, sourced from dockets, filings and testimony. UK, Germany, France, Spain, the Netherlands and Italy, plus European companies filing in the US.

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The latest write-ups land here as they publish

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2 Oct 2026

airBaltic Chapter 11: Deck Summary

Case No. 26-12188 (LGB), U.S. Bankruptcy Court for the Southern District of New York

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Nine cases are on the tracker

Published cases link to a full summary. The rest are being written up now. See all cases

PublishedairBalticLatvia · US Chapter 11, S.D.N.Y.
Write-up in progressAdler GroupGermany · English restructuring plan
Write-up in progressThames WaterUK · Part 26A plan
Write-up in progressCasino GuichardFrance · Accelerated safeguard
Write-up in progressCelsaSpain · Restructuring plan
Write-up in progressSASScandinavia · US Chapter 11
Write-up in progressAtosFrance · Accelerated safeguard
Write-up in progressOrpeaFrance · Accelerated safeguard
Write-up in progressPetrofacUK · Part 26A plan

Every major European regime is covered

Plus the US courts European issuers keep ending up in. Read the regime guide

UK schemes and Part 26A plansGerman StaRUGFrench safeguard and sauvegarde accéléréeSpanish restructuring plansDutch WHOAItalian crisis codeUS Chapter 11 and Chapter 15

Primary sources come first

How the research is put together. More on method

Cited to the filing

Numbers, counterparties and dates come from court filings, dockets, scheme documents and witness statements. Press reporting fills gaps and is labelled when used.

Public information only

Everything here is drawn from public records. No expert networks, no private-side material, no material non-public information.

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