JPLs denied Ch15 recognition as blood storage group’s provisional liquidation not a collective proceeding

The joint provisional liquidators of a Cayman-registered, mainland China-based umbilical cord blood storage group have been denied US recognition, after a New York bankruptcy court found that they had been appointed to …

Court clears Credit Suisse to bring Greensill-related claim against SoftBank

Credit Suisse has convinced an English judge to let it bring a claim against Japan’s SoftBank over its restructuring of a former Greensill client, which the Swiss bank alleges deprived it of …

Chinese property developer secures English scheme creditor meeting

UPDATED: Distressed Chinese property developer China Fortune Land Development has won court-approval to convene a single meeting for creditors to vote on an English scheme to restructure its offshore debt.

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