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

German-US auction house brings the hammer down on transatlantic partnership

A court in Berlin will oversee preliminary administration proceedings for a German-US online auction house, which is splitting up its transatlantic arms just eight months after their merger.

People round-up: new year, new start

US court sends Hanjin claimants to Seoul, grants sale of key asset

Puerto Rico heads off bondholder suit that found way round stay

Schönherr makes up third practice partner in Vienna

UK court allows creditors' meetings for third Metinvest scheme

Ukranian steelmaker Metinvest has secured permission from an English court to host a creditor vote on what is its third scheme of arrangement for the implementation of a restructuring plan – and has made a parallel US Chapter 15 filing to protect its US assets while the final hurdles are cleared.

Pensions need new restructuring rules to avoid UK insolvencies, says panel

Speakers at the recent GRR Live in London emphasised a real need for innovative reforms in the restructuring of pension schemes to avoid the downfall of otherwise healthy UK companies. This week, a think tank in partnership with Ince & Co held a discussion in the upper house of the UK’s parliament to begin to address pension fund deficits.

GRR “40 Under 40” lawyer joins Avance in Helsinki

Salla Suominen, who was listed in Global Restructuring Review’s “40 under 40” survey last year, has left Finnish firm Castren & Snellman to join a smaller outfit, Avance, as a partner.

Sovereign debt column: side stepping the pari passu injunction

Andrew Shutter, partner at Cleary Gottlieb Steen & Hamilton in London, considers the future of sovereign debt restructuring in the face of pari passu injunctions – that is, court orders preventing certain creditors from receiving payments if other creditors have not been paid in full.

Sidley continues London push with second Linklaters hire

Sidley Austin’s London restructuring group has recruited its second new partner from Linklaters in recent months, continuing a period of growth for the firm that began with a host of senior hires in 2016.

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2nd Annual GRR Live London

May 2017, London, United Kingdom


Latin Lawyer - GRR Live 2nd Annual Restructuring Summit

Monday, 5 June 2017, 200 Park Avenue, New York, NY 10166, USA