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

Features

MIAMI: A pontification on the restructuring of corporate groups

MIAMI: A pontification on the restructuring of corporate groups

05 February 2016

Hundreds of bankruptcy judges gathered in Miami in September where they discussed, among other things, emerging ideas for the restructuring of multinational corporate groups – including why the pope could be an excellent allocator of assets.

LONDON: Clash of insolvency and employment laws

LONDON: Clash of insolvency and employment laws

15 January 2016

A recent UK Insolvency Service report addressed a perceived clash between insolvency and employment laws: the result of a throwback directive from the predecessor to the EU. Jeremy Goldring, a partner at King & Wood Mallesons in London, discusses.

IWIRC’s Woman of the Year 2015: Sheila Smith

IWIRC’s Woman of the Year 2015: Sheila Smith

14 January 2016

Sheila Smith, former leader of Deloitte’s restructuring services for the Americas, was named 2015 Woman of the Year in Restructuring by the International Woman’s Insolvency and Restructuring Confederation (IWIRC) in November. She spoke to GRR about championing the promotion of women in the industry, her unusual career path – and how to hold a cocktail.

MIAMI: It’s good to talk - court-to-court communication in cross-border bankruptcy proceedings

MIAMI: It’s good to talk - court-to-court communication in cross-border bankruptcy proceedings

14 January 2016

Judges from Bermuda, Ireland and the UK met their US counterparts in Miami in September to discuss the history of court-to-court cooperation in bankruptcy proceedings – with Bermuda’s “common law, common sense” approach in the absence of statutory provisions being widely praised.

MIAMI: IWIRC tackles energy sector woes and public debt

MIAMI: IWIRC tackles energy sector woes and public debt

14 January 2016

Nearly 200 women in insolvency and restructuring met in Miami last autumn, where they discussed the regulatory and financing problems at the root of the beleaguered energy industry and considered whether Puerto Rico’s debt crisis could really benefit from a restructuring under Chapter 9 of the US Bankruptcy Code like Detroit’s.

CAPE TOWN: Africa roundtable examines how to improve secured lending

CAPE TOWN: Africa roundtable examines how to improve secured lending

14 January 2016

Restoring financial sector stability through effective insolvency regimes was the theme of the 2015 Africa Roundtable organised by INSOL International and the World Bank, where discussions also focused on ways to enhance secured lending to African companies. Rick Chesley, a partner and US co-chair of the restructuring practice at DLA Piper, reports from South Africa.

BERLIN: Bear Market

BERLIN: Bear Market

13 January 2016

“Berlin is proof that something new and beautiful can arise after a collapse,” said INSOL Europe’s outgoing president, Robert van Galen of NautaDutilh, as he addressed a record number of delegates at the organisation’s annual congress in the city in October – a fitting place to host a meeting of insolvency experts as Germany prepared to celebrate the 25th anniversary of its reunification.