Restructuring expert appointed in new first for Dutch scheme
Marking another first for the new Dutch scheme, a restructuring expert has been appointed over two struggling companies by a court in the Northern Netherlands.
Alvarez & Marsal continues European growth with London Deloitte hire
Former Deloitte partner Christian Ebner has joined Alvarez & Marsal as a managing director in London, where he will focus on German and Italian markets.
French firm Franklin expands in Paris
A year on from the foundation of its restructuring practice under Numa Rengot, France’s Franklin has expanded in Paris with a hire from Deloitte’s French firm Taj.
Freshfields advising as Malaysia Airlines wins landmark UK scheme decision
Lawyers for the Malaysia Airlines group have welcomed a landmark English court ruling that they say confirms UK restructuring tools offer airlines a quicker and cheaper alternative to Chapter 11.
Delaware safe harbour ruling splits from New York courts
Bankruptcy safe harbour rules can apply to transfers made by debtors according to a Delaware court that has departed from a New York ruling that debtor transfers are not protected from avoidance …
English court will hear Galapagos claim amid international challenges
An English court will hear a claim for declaratory relief concerning the validity of the Galapagos group’s controversial 2019 restructuring after finding that an “anchor defendant” in the form of a non-participating …
Features
Heads-Up: David Fleming at Duff & Phelps in Manchester
“The hunt for talent is a challenge at the moment within the restructuring sector. Purely because people are either already busy or expecting to get busier in the year to come.” David Fleming, the head of Duff & Phelps’ UK advisory team, spoke to GRR in December, soon after news broke that its global restructuring advisory practice was acquiring Hong-Kong headquartered Borelli Walsh. With at least four senior hires in …
Corporate failures – can the UK’s financial regulator lead the charge?
Following news that the UK’s Financial Conduct Authority is planning to take action against collapsed construction giant Carillion and some of its former directors, Signature Litigation partners Abdulali Jiwaji and Paul Brehony and professional support lawyer Johnny Shearman examine the conflict between the UK’s financial regulatory regime and its insolvency legislation.
Community
Community roundup: hires at Simmons, Dentons and Hunton Andrews Kurth, as Begbies Traynor acquisition launches it offshore
Simmons & Simmons, Dentons and Hunton Andrews Kurth have hired in London, Portland in Maine and Bangkok respectively; while Begbies Traynor has acquired insolvency advisory group CVR Global, adding its first overseas offices.
Creel hires Ritch Mueller veteran in Mexico City
Ritch Mueller Heather y Nicolau name partner Thomas Heather in Mexico City, a founding member of the International Insolvency Institute, is joining Creel García-Cuéllar Aiza y Enriquez as of counsel.
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Q2 2020
A balancing Act • Covid-19 calls • Venezuela’s debt restructuring • The peculiarities of airline insolvency under Russian law • The road to recovery • Adjudication in UK construction disputes • Asset recovery column • Europe column • UNCITRAL webinar • European cross-border restructurings during...
