Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events
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.
Advisory firm CVR Global has opened its third offshore office after acquiring the Moore Stephens restructuring and insolvency team in Jersey.
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.
Scandal-hit South African retail group Steinhoff has announced the completion of its €9 billion European restructuring, but the news has failed to stop its share price falling below 1 Rand for the first time.
A US judge has dismissed Jay Alix’s racketeering lawsuit against McKinsey & Company, in a blow to the retired AlixPartners founder’s years-long fight over alleged disclosure breaches.
Ghana’s central bank has brought in Accra-based PwC partner Eric Nana Nipha to wind up 23 distressed financial institutions, after identifying them as a risk to the country’s financial sector.
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.
South Square’s William Trower QC has been appointed as a judge in the High Court of England and Wales.
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.”