An Indian NCLT has admitted the country’s first small business pre-pack bankruptcy process for a Gujarat-based real estate developer, just two months after the new framework was implemented.
The largest French arm of Nortel Networks is set to terminate its “unique” 12-year English administration, eight months after a court in Versailles closed its secondary liquidation.
The Grand Court of the Cayman Islands has asked a counterpart in Hong Kong to recognise a pair of “full power” joint provisional liquidators from R&H Restructuring, as they investigate a fraud admitted by a Chinese car parts trader’s CEO.
Australian mining group Boart Longyear has won court approval for two schemes of arrangement in Sydney that aim to convert about US$795 million of debt into equity – while plans to redomicile …
The recently appointed leader of HSM Chambers’ restructuring and insolvency practice has left the firm for Baker & Partners in the Cayman Islands.
As the UK government’s covid-19 support for businesses continues to be reduced, some of the current protections will be removed, but commercial rent arrears will remain ring-fenced. Craig Montgomery and Roger Schofield …
Collas Crill partner Jennifer Colegate in the Cayman Islands, with partner David Harby and senior associate Daisy Bovingdon in the British Virgin Islands, consider how cryptocurrencies as a form of cryptoassets, rather than virtual assets generally, are characterised as a matter of law, and discuss the practical issues that liquidators are likely to face when seeking to realise these assets for the benefit of creditors.
Harneys’ counsel Grainne King and partners Julie Engwirda, Vicky Lord and Jonathan Addo discuss a recent ruling in the English Court of Appeal, which set out guidelines to establish when it is appropriate to impose personal liability on directors or shareholders of insolvent companies for costs incurred in unsuccessful litigation.
Interpath Advisory has hired a former EY valuations partner and a new debt advisory director, while also broadening its offerings in forensic and deal advisory work by hiring four new recruits from FTI Consulting, Duff & Phelps and PwC.
Maples and Calder has hired a new British Virgin Islands partner with experience advising on the cross-border restructurings of China’s Luckin Coffee and Brazilian oil group Constellation.
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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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