Hong Kong-listed retail wholesaler Global Brands Group has placed its North American business into Chapter 11 proceedings, listing billions of dollars of debt as it seeks to offload its international assets.
A team from DLA Piper acting for GLAS Trust Corporation has placed two Sanjeev Gupta-owned companies that hold aluminium assets in Europe into administration in the UK.
Two months after acquiring Deloitte’s UK restructuring arm, New York-headquartered advisory firm Teneo has hired Alvarez & Marsal managing director Martin Drummond to lead its valuation advisory practice in London.
The judicial administrator of a Brazilian bank whose former controllers stand accused of siphoning off cash through a voucher scheme, has sought recognition in Florida to investigate and pursue possible “concealed” assets.
Partner and head of Grant Thornton’s Africa insolvency & asset recovery offering Amaechi Nsofor speaks to GRR about the challenges of enforcing securities and judgments in Africa, why he expects creditors with …
A Cayman mutual fund has failed to strike out a BVI creditor’s winding-up petition against it, after a Cayman court found the fund’s principle director had invented an agreement to undermine the …
With the deadline for domestic transposition of the European Restructuring Directive having passed this weekend, McDermott Will & Emery partner Timothée Gagnepain and associate Lucille Madariaga in Paris discuss how it has been eagerly awaited – and yet is likely to be postponed for at least a year – in most EU member states.
“The development of Singapore into an Asian restructuring hub needs time. We have all the tools necessary to get there, but you need to give us time to develop.” Chong Yee Leong, head of Allen & Gledhill’s restructuring & insolvency practice and co-head of its international arbitration practice, discusses the highs and lows Singapore has faced as it presses on with its bid to become a restructuring hub, and compares …
FTI Consulting has bolstered its Australian restructuring team with the hire of four senior managing directors from Deloitte and PwC – including a former Virgin Australia administrator.
Latham & Watkins has re-hired a partner in Dubai after he spent four years in-house at Dubai Holding, the global investment company of the Emirate's ruler.
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Heads-Up: Khurshid Fazel at Webber Wentzel in South Africa • Heads-Up: Todd Snyder at Piper Sandler in New York • Impact of the recent Gategroup decision on aviation restructurings • Lamtex decision could be "watershed moment" for Hong Kong • On Brexit, the EU and international insolvency law • ...
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