Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events
The list of nominees for “Most significant restructuring or insolvency-related litigation” at the GRR Awards 2019 is out.
A Jersey court has ended a 15-year deadlock over how to split the assets of a former Yugoslav state-owned trust among five of the country’s successor states, in the tale of a sovereign debt refinancing waylaid by war.
The UNCITRAL Model Law on Enterprise Group Insolvency will be ready for adoption in July, the commission’s secretary Anna Joubin-Bret has said.
GRR Awards 2019: the nominees for the “Jurisdiction of the year” award are now online.
As Singaporean water treatment company Hyflux announces new interest from potential overseas investors, Malaysia’s Maybank has appointed Ferrier Hodgson as receivers over its major asset – a water treatment facility whose lossmaking performance dragged the company into insolvency.
A shipyard in the Croatian city of Pula has entered bankruptcy proceedings after years of struggle, but looks unlikely to receive state support in the form of an emergency restructuring as Agrokor did.
Is the UK set to become a “third state” when it leaves the EU? Will insolvency proceedings opened in the UK be recognised by member states? Can UK schemes of arrangement maintain their dominance in the market? And how will legislative changes shape the post-Brexit landscape? GRR invited nine distinguished guests to find out.
Recently rebranded boutique R&H Restructuring has hired former EY executive director Claire Loebell in the Cayman Islands.
Last weekend saw a rare public demonstration in Singapore by retail bondholders who say they've been shut out of the restructuring process for water treatment company Hyflux. Amid news Hyflux’s proposed rescue plan has collapsed, delegates at GRR Live earlier this week shared ideas on how to turn a bad hand in a restructuring into a winning one.