London-headquartered offshore drilling contractor Noble Corporation has filed Chapter 11 proceedings in Texas, after entering a US$3.4 billion restructuring agreement with two ad hoc groups of its bondholders.
An administrator from German law firm GÖRG will oversee the insolvencies of more than 100 entities in a group that invited pensioners from the UK, Ireland and Asia to finance the conversion of historic buildings.
Charles Maunder, the head of Michelmores’ banking restructuring and insolvency team, is moving to Pinsent Masons in London.
UK advisory firm K3 Capital has acquired corporate recovery specialist Quantuma, which has offices in the UK, Cyprus and Mauritius.
A US investment fund holding Ecuadorian sovereign bonds is leading a class action in which it is urgently trying to halt the state’s recent tender aiming to restructure US$17.38 billion in debt.
DLA Piper has hired Matthew Worth as a partner in its Hong Kong restructuring practice, two days after it added a new partner in Melbourne.
Bob Wessels, professor emeritus of international insolvency law at Leiden University and expert counsel on restructuring and insolvency to the European Commission, gives his personal observations on the pandemic.
Miami-based Sequor Law shareholder Leyza Blanco and attorney Carolina Goncalves summarise the UNCITRAL Working Group’s Model Law on the Recognition and Enforcement of Insolvency-Related Judgments.
DLA Piper has hired a new partner in its Melbourne restructuring practice, after losing its Australian head of restructuring to Dentons in March.
Munich-headquartered management consultancy Roland Berger has hired a new principal and two new partners as it seeks to handle the challenges facing companies dealing with covid-19.
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Brazil Worked Out • Noble Group • Debra Dandeneau • INSOL Insights • Ireland Worked Out • Ian Mann andChai Ridgers • China Agrotech • Europe column • Asset recovery column • GRR Live New York • ABI: Paris & New York
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