Mining consultant tries to revive conspiracy lawsuit against PwC in London

A mining consultancy has tried to revive claims PwC cheated it out of millions while acting as administrators of a mining company in Sierra Leone.

Vantage “discrimination” claims dismissed in Chapter 11 appeal

A Taiwanese businessman contesting the US$2.6 billion restructure of an offshore oil drilling group does not have a dog in the fight, a US district court judge has ruled.

Young Conaway hires bankruptcy litigation partner in Delaware

Young Conaway Stargatt & Taylor has hired partner Kevin Guerke from Baird Mandalas Brockstedt in Delaware.

Major firms advise in battle for Avianca slots

Nearly a dozen Brazilian law firms have been enlisted in the fight over the future of Avianca Brasil, with the airline’s bankruptcy proceedings drawing closer to a resolution this week.
Repsol, YPF refused New Jersey depositions in Maxus Chapter 11 suit

Spanish and Argentine related entities of oil company Maxus Energy have been refused permission to re-use depositions from a New Jersey lawsuit, in defence of an environmental liability action in Maxus’ Delaware Chapter 11 proceedings.
Australian High Court ruling puts employees first in trustee insolvency

Australia’s High Court has given priority status to employee creditors who work for insolvent trustees, resolving a nearly 40-year-old insolvency law question.

Features

Asset recovery column: The long arm of the liquidating trustee - Madoff trustee reaches offshore transferees

Sequor Law attorney Cristina Vicens Beard and of counsel Andrew Dawson consider the implications for non-US entities of the US Second Circuit’s recent ruling that international comity principles should not stop clawback actions by the trustee of Bernie Madoff’s investment firm.

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