German law provides for rules which may impact long term distress financers e.g. that the loan suffices for the requisite restructuring term (usually two to three years in practice).
Bridge loans on the other hand are for shorter term and recently, the Berlin Higher Regional Court set a timeline for this type of loan,thereby voiding a loan characterized by the parties as a bridge loan.
Are there any English or US court decisions (I doubt if statutes do) that have distinguished between both and provided for their treatment in insolvency?
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