Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

India’s SEL Manufacturing obtains first Chapter 15 recognition of IBC bankruptcy

The Delaware Bankruptcy Court has recognised an Indian textile company’s bankruptcy case, in what counsel have called a vote of confidence in India’s new restructuring regime.

Clifford Chance hires in Paris

Clifford Chance hires in Paris

Clifford Chance has hired Delphine Caramalli, the former head of European restructuring at Paris boutique Bremond & Associés, as a partner.

Hong Kong oil tycoon loses bankruptcy appeal

The Hong Kong Court of Appeal has upheld a bankruptcy order against a former petroleum company chairman, after ruling that a US$30 million debt he owes to a Vietnamese government-owned entity was not covered by an arbitration clause.

GRR Live - IWIRC London: Women in Restructuring 2019 - in pictures

GRR Live - IWIRC London: Women in Restructuring 2019 - in pictures

The first-ever GRR Live – IWIRC London Women in Restructuring conference was held on 7 November at Painters’ Hall in London. Click on the headline for pictures from the event.

Heads-up: Brad Eric Scheler at Fried Frank in New York

“I’m a big believer in Sir Isaac Newton’s law that what goes up, must come down.” The long-time chair of Fried Frank’s restructuring and insolvency practice, Brad Eric Scheler, tells GRR about the “magic” of distressed investing, how his firm uses restructuring as a client gateway to other practice areas, and why he believes restructuring lawyers are the last of the Renaissance lawyers.

Mayer Brown hires another from DLA in London

Mayer Brown hires another from DLA in London

Mayer Brown has recruited Sheena Frazer from DLA Piper as counsel in its London restructuring, bankruptcy and insolvency practice.

TMA Europe, London: CROs – the spy in the camp?

Chief restructuring officers can usually expect defensiveness, minimal access to information and to be treated as a “possible spy in the camp” by the company boards they are coming in to advise, CROs in London have warned, sharing war stories.