Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events
15 March 2017
Speakers at a seminar in February pondered the inclusion of collective action clauses in recent international investment treaties – including the new CETA between Canada and the EU – to prevent holdout creditors from bringing treaty claims against states in a sovereign debt restructuring context.
09 March 2017
At the American Bankruptcy Institute’s Caribbean Insolvency Symposium in Grand Cayman in February, panelists discussed the emerging limitations on Chapter 15 recognition of offshore insolvencies and the differing approaches to third-party litigation funding in and outside the US.
03 March 2017
Can a bankruptcy court’s worldwide stay ever really be enforced? Speakers at the National Conference of Bankruptcy Judges (NCBJ) in San Francisco considered this and other relief available in the context of Chapter 15 cases, in a session looking at where US and foreign insolvency laws have clashed.
27 February 2017
The EU’s proposed pre-insolvency regime may deter the sale of distressed loans, even at a time when potential buyers have access to “unlimited funds”, argued panellists at TMA Europe’s East European Conference last week.
14 February 2017
The American Bankruptcy Institute met in Grand Cayman last week, hosting a roundtable discussion featuring some of the US’s leading bankruptcy jurists.
30 January 2017
Dutch insolvency firm RESOR hosted a conference in Amsterdam on Friday that highlighted disagreements over procedural aspects of the EU’s proposed pre-insolvency proceedings – particularly how they might be squared with complex financial structures and basic human rights.
03 January 2017
Few Latin American M&A transactions are straightforward, but none prove as complicated as those arising out of a cross-border bankruptcy proceeding, according to panellists at the 7th annual M&A conference put on by GRR’s sister magazine Latin Lawyer.
21 December 2016
Look Chan Ho, head of restructuring and insolvency in Asia for Freshfields Bruckhaus Deringer, participated in a panel in September that considered Singapore as an international centre for debt restructuring – and included a timely discussion on the relevance of the hundred-year-old common law Gibbs rule. Here, he discusses developments inside and outside the conference room.
19 December 2016
As Europe’s over-leveraged banks scramble to clean up their balance sheets in line with enhanced banking regulation, opportunities abound for non-performing loan (NPL) investors and workout experts, according to speakers at the latest NPL Connect in Berlin.
09 December 2016
A “Brexit beauty contest” at this year’s 12th Annual ABI International Insolvency & Restructuring Symposium in Amsterdam sized up various European cities as possible contenders for London’s European restructuring hub crown.
02 December 2016
For all of the reforms to insolvency frameworks currently in the works around the world, panellists at the first GRR Live in London said that simply bringing parties together around the negotiating table as early as possible must be a priority in improving efficiency in cross-border restructuring.
24 November 2016
Could increased competition from overseas and Brexit disruption at home threaten the UK’s position as a leading restructuring centre? Panellists at the inaugural GRR Live conference in London argued the respectability of the English courts and law would help it through, but agreed that, in an uncertain future, there was a lot of work to do.