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

Conference reports

GRR Live London: Lord Justice David Richards on court-to-court communication

GRR Live London: Lord Justice David Richards on court-to-court communication

26 May 2017

There needs to be some "clarity of thinking" as to what communications between courts in insolvency proceedings will achieve, Lord Justice David Richards said in the keynote speech at the Second Annual GRR Live London.

2nd Annual GRR Live London in pictures

2nd Annual GRR Live London in pictures

26 May 2017

The 2nd Annual GRR Live London took place on 25 May at the offices of Weil Gotshal & Manges. Click on the headline for photos from the event.

ILA London: UK insolvency community ponders future as a forum of choice

ILA London: UK insolvency community ponders future as a forum of choice

03 April 2017

Weil Gotshal & Manges partner Adam Plainer was revealed as the new president of the UK’s Insolvency Lawyers Association (ILA) at its annual conference on Saturday, where an international panel discussed whether the UK will be able to keep its place as a forum of choice for restructuring in future.

EMTA London seminar: new investment treaties that block sovereign debt holdout claims

EMTA London seminar: new investment treaties that block sovereign debt holdout claims

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.

ABI Caribbean Insolvency Symposium: Rereading Chapter 15

ABI Caribbean Insolvency Symposium: Rereading Chapter 15

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.

San Francisco: is a worldwide moratorium a pipedream?

San Francisco: is a worldwide moratorium a pipedream?

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.

European banks may choose pre-insolvency proceedings over NPL sales, says TMA panel

European banks may choose pre-insolvency proceedings over NPL sales, says TMA panel

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.

ABI Caribbean Insolvency Symposium: a view from the bench

ABI Caribbean Insolvency Symposium: a view from the bench

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.

AMSTERDAM: Exploring the EU’s proposed pre-insolvency procedure

AMSTERDAM: Exploring the EU’s proposed pre-insolvency procedure

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.

Legislative grey areas make investing in Latin American distressed assets too risky

Legislative grey areas make investing in Latin American distressed assets too risky

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.

Singapore’s 3rd Regional Insolvency Conference

Singapore’s 3rd Regional Insolvency Conference

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.

BERLIN: the “new normal” breeds opportunity for NPL restructuring

BERLIN: the “new normal” breeds opportunity for NPL restructuring

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.