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

Conference reports

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.

AMSTERDAM: Brexit beauty contest – who will wear the crown?

AMSTERDAM: Brexit beauty contest – who will wear the crown?

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.

GRR Live Question Time: lessons from Nortel and MF Global

GRR Live Question Time: lessons from Nortel and MF Global

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.

GRR Live: The UK’s place in the world

GRR Live: The UK’s place in the world

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.

Mr Justice Snowden considers jurisdictional challenges ahead

Mr Justice Snowden considers jurisdictional challenges ahead

23 November 2016

The UK’s long-established rescue culture and “pre-eminent” expertise in pre-insolvency procedures will help maintain its position as a centre of restructuring against future jurisdictional challenges and strong competition from Europe and Asia, Justice Richard Snowden said in a keynote at the first GRR Live event in London on Tuesday.