Abstract
The asset-stripping provision (§ 28 AIFMG) was already adopted in 2013 in Austria; yet, no close analysis can be found in the Austrian legal literature. This paper examines the practical impact of the provision with regard to previous contemplations in Germany. Besides, it gives thought to the asset stripping prohibition in relation to corporate law. Particular attention is given to the provisions’ effects on common refinancing models and circumvention practices.
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