The sale of a British energy supplier in the first-ever UK energy supply company administration was within the bounds of the law, despite complaints of an “unfair” marketing process from three of the country's largest energy companies, an English court has found.
In a ruling local lawyers say will give creditors more leverage, the German Federal Supreme Court recently restricted an insolvency administrator's right to realise intangible assets held by secured creditors as collateral for the benefit of an insolvent estate – but is it indicative of a general move away from officeholder-friendly judgments?
A former partner at several well-known US law firms has been charged with making false statements in Chapter 11 bankruptcy proceedings.
Brazilian firm TozziniFreire Advogados has re-hired an in-house lawyer from Itaú BBA as a restructuring partner, after five years at the bank.
A Dutch shipbuilder has completed a landmark WHOA restructuring that is believed to be one of the country’s largest so far, as well as being the first to use a cram-down within …
Courts in the US and England have within days of each other recognised telecoms group Oi’s new Brazilian reorganisation proceedings, filed just over two months after it completed a long-running, multi-jurisdictional restructuring …
The co-heads of Sidley Austin’s London restructuring group discuss their high-profile work on Chinese real estate restructurings, the recent back-and-forth between US and Hong Kong courts over the Gibbs rule, and how the UK’s new cross-class cramdown tool will allow sponsors to “game the capital structure” and play creditors off against each other.
One year after his appointment as Omni Bridgeway’s co-chief investment officer in the US, Jim Batson tells GRR about the “evolution” he has seen in the bankruptcy space in recent years, why he thinks litigation financing is at its heart an ESG product and what factors are considered when funders are deciding to invest.
The leader of Morgan Lewis’ Asia disputes group, who has credits on the Noble and Zipmex restructurings, is leaving the firm with three colleagues to launch a new litigation practice at Herbert Smith Freehills in Singapore.
A former Cozen O’Connor partner has been appointed as a bankruptcy judge for the District of Delaware, filling a seat vacated by Judge Christopher Sontchi last year.
Global Restructuring Review is the only news and analysis service with a laser focus on cross-border restructuring and insolvency law.
Unlock unlimited access to all Global Restructuring Review content
A former cannabis products manufacturer has been allowed to sell its assets and distribute the proceeds in a Chapter 11 case in Los Angeles, in a ruling that lawyers say could open the door for …
New procedures for recognising and enforcing foreign bankruptcies have been introduced in Saudi Arabia for the first time, which one local lawyer tells GRR should help to encourage investment in the country.
Unlock unlimited access to all Global Restructuring Review content
