Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events
A mining consultancy has tried to revive claims PwC cheated it out of millions while acting as administrators of a mining company in Sierra Leone.
A Taiwanese businessman contesting the US$2.6 billion restructure of an offshore oil drilling group does not have a dog in the fight, a US district court judge has ruled.
Young Conaway Stargatt & Taylor has hired partner Kevin Guerke from Baird Mandalas Brockstedt in Delaware.
Nearly a dozen Brazilian law firms have been enlisted in the fight over the future of Avianca Brasil, with the airline’s bankruptcy proceedings drawing closer to a resolution this week.
Spanish and Argentine related entities of oil company Maxus Energy have been refused permission to re-use depositions from a New Jersey lawsuit, in defence of an environmental liability action in Maxus’ Delaware Chapter 11 proceedings.
Australia’s High Court has given priority status to employee creditors who work for insolvent trustees, resolving a nearly 40-year-old insolvency law question.
Sequor Law attorney Cristina Vicens Beard and of counsel Andrew Dawson consider the implications for non-US entities of the US Second Circuit’s recent ruling that international comity principles should not stop clawback actions by the trustee of Bernie Madoff’s investment firm.
Harneys counsel Richard Brown has rejoined his old firm Carey Olsen as a partner in London, after two years away.
The UNCITRAL Model Law on Enterprise Group Insolvency will be ready for adoption in July, the commission’s secretary Anna Joubin-Bret has said.