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

English court finds “gateway” for claims out of jurisdiction

An English appeals court has dismissed a Maltese exporter’s attempt to set aside undervalue sales, but reversed a lower court’s finding that it lacked the “gateway” jurisdiction to make orders against parties outside England & Wales.

Pluta hires from dissolved Ringstmeier & Kollegen as founder starts afresh

European restructuring firm Pluta has hired a partner from dissolved German boutique Ringstmeier & Kollegen, as the latter’s founder reveals his new practice in Cologne.

UK includes cross-border insolvency in Brexit plans

The UK wants to include rules on cross-border insolvency in a new bilateral agreement with the EU on civil judicial cooperation post-Brexit.

Agrokor goes to New York

One week after creditors voted to accept its settlement plan, Croatian conglomerate Agrokor has filed for Chapter 15 protection in New York.

Singapore Worked Out

Singapore Worked Out

GRR profiles Singapore in the first of a new type of feature, assessing different jurisdictions around the world to see how amenable they are for cross-border insolvency and restructuring.

Harneys makes up five in Caymans, Cyprus and Hong Kong

Offshore firm Harneys has promoted three banking and finance lawyers with restructuring experience to partner in the Cayman Islands, Hong Kong and Cyprus.

TMA, Amsterdam: the tough bits of the EU’s Insolvency Directive

With the “easy part” of the EU’s proposed directive on preventive restructuring frameworks approved in early June, speakers at the TMA’s Europe conference considered the tough bits – like how to define the “likelihood of insolvency” standard that would make pre-insolvency proceedings available to debtors.