Samarco tables US$10 billion restructuring plan

One month after securing Chapter 15 recognition in New York, Brazilian miner Samarco Mineração has proposed a judicial reorganisation plan that could see unsecured creditors take an 85% haircut on their claims.

Singapore appellate court sets out rules for director winding-up appeals

The Singapore Court of Appeal has set out two general rules to prevent directors and shareholders from using a company’s funds to pursue unmeritorious appeals against winding-up orders when the monies should …

BVI liquidators seek US recognition to prod loan collateral’s disappearance

The British Virgin Islands liquidators of a vehicle that invested in a Manhattan skyscraper have sought recognition in New York so they can investigate an allegedly “carefully crafted scheme” to dissipate the …

Q3 2020

    Smoking hot: Canada Worked Out  •  Names to know in Canada • No guarantees: Tiger Resources Unpacked • Heads-Up: David Fleming at Duff & Phelps in Manchester • Using a scheme to unlock value for all creditors • Altair Asia • Legal liberalisation and the covid-19 pandemic • Abu Dhabi Global Ma...

Q3 2020

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