Financial Times FT.com

Europe: Frameworks have improved

By Ross Tieman

Published: October 1 2009 16:33 | Last updated: October 1 2009 16:33

Companies “live globally, but die locally,” says Peter Briggs, who is responsible for Germany, central and eastern Europe and Russia at restructuring specialist Alvarez & Marsal.

Nowhere is that more true than in Europe’s fragmented legal jurisdictions.

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