Eagle Hospitality's Ch11 denied recognition in Singapore

A Singapore court has declined to recognise a real estate investment trust’s Chapter 11 restructuring under the local implementation of the UNCITRAL Model Law, finding the law only applies to corporate entities …

Bondholder sues Sri Lanka in US as foreign investors form creditor group

Sri Lanka is facing a US$250 million claim from a bondholder in New York who accuses the country of discriminating against US investors in its debt restructuring, after it defaulted for the …

Crédito Real vows to oppose Ch11 petition in New York

Mexico's troubled payroll lender Crédito Real says it will oppose an involuntary Chapter 11 petition filed against it in New York this week, which it labelled a ploy by “certain alleged minority …

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