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

Dia staves off insolvency filing as refinancing closes

Dia staves off insolvency filing as refinancing closes

Spanish supermarket chain Dia has finally closed a refinancing deal with its principal shareholder and a syndicate of lenders, staving off an insolvency filing just days after it extended the deal’s long-stop date.

Madoff trustee agrees US$860 million recovery settlement with feeder fund liquidators

Madoff trustee agrees US$860 million recovery settlement with feeder fund liquidators

The liquidating trustee of Bernard Madoff’s investment firm has reached an US$860 million clawback settlement with the liquidators of two British Virgin Islands-registered feeder funds.

Akin Gump hires from Stroock & Stroock in NY

Akin Gump hires from Stroock & Stroock in NY

Akin Gump Strauss Hauer & Feld has hired a new partner in New York from Stroock & Stroock & Lavan.

Changes, hopes and fears: China and Hong Kong Worked Out

Changes, hopes and fears: China and Hong Kong Worked Out

GRR presents the latest in our Worked Out series, this time profiling China and Hong Kong. With headwinds including an extraordinary non-performing loan load, slowing growth, political tensions locally, and a trade war with the US, restructuring professionals in China and Hong Kong are getting ready for what’s around the corner.

Restructuring in Turkey: A new paradigm?

Restructuring in Turkey: A new paradigm?

White & Case partners Ian Wallace in London and Güniz Gökçe in Istanbul, and local partner Ateş Turnaoğlu in Istanbul, discuss the outlook for restructuring in Turkey.

Three new judges for Singapore High Court

Three new judges have been appointed to Singapore’s High Court, all with some insolvency experience.

GRR Live-Latin Lawyer, New York: The “unique” case of Venezuela's sovereign debt

GRR Live-Latin Lawyer, New York: The “unique” case of Venezuela's sovereign debt

The “astonishing” diversity of Venezuela’s US$150 billion debt pile means its potential sovereign debt workout will be unlike any seen before, the opposition government’s adviser Lee Buchheit has said, as he raised scepticism about state oil company PDVSA entering Chapter 15 bankruptcy in the US.