Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

Shareholders block luxury jet group's Chapter 11 case in Singapore

Majority shareholders of a Singaporean luxury private jet business have obtained an injunction from the Singapore High Court, in an attempt to block a Chapter 11 case that the company and its US subsidiary commenced in California on the back of a civil fraud lawsuit against one of the shareholders.

Ocean Rig schemes sanctioned in Cayman Islands

Dana Gas trial to proceed with Blackrock giving evidence

Aman Resorts ex-holding company succeeds in venue transfer bid

Air Berlin granted Chapter 15 recognition as reports surface of further proceedings in Austria

Latin American judges become members of the JIN

Judges from Argentina and Brazil have become the first in Latin America to join the Judicial Insolvency Network (JIN), in a move that one member says shows that global cooperation among courts is no longer "a futuristic dream".

EU law research group approves framework for business rescue

The European Law Institute (ELI), a non-profit research organisation focusing on the development of EU law, has given the green light to proposals aimed at developing common rules for business rescue in the region.

Dana Gas accused of "active connivance" with Sharjah court as London trial adjourned to Thursday

The England and Wales High Court has temporarily adjourned a trial between UAE-incorporated Dana Gas and holders of an Islamic bond it declared illegal in June, after it emerged shareholders of the company obtained an injunction from a Sharjah court late last week to halt the UK proceedings.

Book Review: The Framework of Corporate Insolvency Law

Joe Bannister, a partner at Hogan Lovells in London, describes the "rich and thorough exposition" of English insolvency law in a new book by Norton Rose Fulbright consultant Hamish Anderson: a book the author says he wished he'd had early in his career.

VIDEO: GRR lifetime achievement award - Bruce Leonard 1944-2017

The late Bruce Leonard, founder of the International Insolvency Institute (III), received posthumous honours at GRR's Charity Awards on 21 June, in the form of a poignant film tribute recorded a few days earlier at a meeting of the very organisation he helped found.

GRR Live, New York: Courageous, creative, pragmatic jurists and the evolution of cross-border matters

The Southern District of New York's Chief Judge Cecilia Morris highlighted a series of decisions by of a host of "courageous, creative and pragmatic" jurists that have helped cross-border restructuring evolve, in her keynote speech at GRR Live New York last week.