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

Hong Kong court upholds statutory demand despite arbitration clause

Hong Kong court upholds statutory demand despite arbitration clause

A Hong Kong appellate court has dismissed an appeal to set aside a statutory demand in favour of arbitration, finding the applicant “had no genuine intention to commence arbitration”.

Vneshprombank owner’s property payment not a sham transaction, English court finds

Vneshprombank owner’s property payment not a sham transaction, English court finds

An English court has permitted the former owner of a collapsed Russian bank to make a payment on a London property, dismissing allegations that it was a sham transfer contrary to a freezing order against him.

CVR Global opens Jersey office after Moore Stephens acquisition

Advisory firm CVR Global has opened its third offshore office after acquiring the Moore Stephens restructuring and insolvency team in Jersey.

Three weeks remaining for second Women in Restructuring Survey

Nominations are still open for GRR’s second Women in Restructuring survey, where we hope to highlight the achievements of influential women in the profession.

Changes, hopes and fears: China and Hong Kong Worked Out

Changes, hopes and fears: China and Hong Kong Worked Out

GRR presents the latest in our Worked Out series, this time profiling China and Hong Kong. With headwinds including an extraordinary non-performing loan load, slowing growth, political tensions locally, and a trade war with the US, restructuring professionals in China and Hong Kong are getting ready for what’s around the corner.

GRR Live-Latin Lawyer, New York: Venezuela divided

GRR Live-Latin Lawyer, New York: Venezuela divided

Venezuelan companies that were worth US$1 billion 20 years ago, can now be bought for US$55 million, according to GCG Advisors managing partner Jose Gonzales. “If you want to take the risk, there should be plenty of opportunity.”