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

Kasowitz boosts Houston restructuring practice

Kasowitz boosts Houston restructuring practice

Kasowitz Benson Torres has hired oil and gas specialist Kyung Lee as a partner in its restructuring practice in Houston.

Cambridge Analytica lawyers’ withdrawal postponed as liquidation reps appointed

Cambridge Analytica lawyers’ withdrawal postponed as liquidation reps appointed

Lawyers trying to exit the Chapter 7 bankruptcy of defunct political consultancy firm Cambridge Analytica because there’s nobody left to instruct them, have been told they need to wait until the court-appointed trustee selects a corporate representative to assist him with the controversial firm’s liquidation.

US$4.1 billion restructure draws nearer for Government Development Bank

US$4.1 billion restructure draws nearer for Government Development Bank

Votes are being counted for what would mark the first consensual debt restructuring in Puerto Rico under the PROMESA Act, created in 2016 to rescue the island commonwealth from US$120 billion in debt and pension liabilities.

Asset recovery column: Tools in action

Edward Davis and Annette Escobar, of Sequor Law in Miami, discuss a massive Ponzi scheme in Chile involving the execution of asset recovery and cross-border recognition tools in multiple jurisdictions.

Philosophers and streetfighters: Ukraine worked out

Philosophers and streetfighters: Ukraine worked out

In the second of our Worked Out series, GRR looks at Ukraine, where an economic, military and political crisis has spurred a wealth of restructuring work. So far, much of that work has gone overseas – can Ukraine bring it back, and what do outside practitioners need to know when they get there? By Declan Bush

Hogan Lovells hires from GE Capital

Hogan Lovells hires from GE Capital

Douglas Taber, formerly a senior in-house counsel at GE Capital, has joined Hogan Lovells’ business restructuring and insolvency practice in New York.

Corporate Restructuring Summit, Dubai: AHAB dispute will be “huge litmus test” for Saudi Arabia

Corporate Restructuring Summit, Dubai: AHAB dispute will be “huge litmus test” for Saudi Arabia

The chief restructuring officer of Saudi conglomerate Ahmad Hamad Al-Gosaibi & Brothers (AHAB) says the group may use Saudi Arabia's new bankruptcy law to try and see an end to its decade-long restructuring saga, in what will be a “huge litmus test” for the Kingdom.