Hong Kong’s Mr Justice Harris has applied his “momentous” findings in Peking Founder’s keepwell deed dispute to a new claim against Chinese semiconductor maker Tsinghua Unigroup, ruling again that deed disputes should be adjudicated in Hong Kong after confirming with a local expert that resulting judgments can be placed as evidence before a mainland court.
A court in Australia has made the first ruling invoking anti-phoenixing laws introduced two years ago, in a case where a translation company’s assets were sold to an entity controlled by its sole director’s sister, minutes before a resolution to wind it up.
The liquidators of a British Virgin Islands fund have lodged a breach of contract claim against Delaware-registered borrower Tremont International in New York, where they secured Chapter 15 recognition in 2019.
German restructuring professionals and court personnel have formed a new association aimed at improving the country’s restructuring and insolvency laws and court processes. Its new treasurer Volker Beissenhirtz tells GRR how the …
An investor in a Hong Kong fund is seeking to wind up two of its portfolios in the Cayman Islands, after it failed to redeem almost US$4 million of shares.
A Dutch auto repair company has fallen into bankruptcy after its WHOA process failed and its restructuring expert withdrew.
Alvarez & Marsal’s Tiffany Wong and Alex Lawson tell GRR about the challenges they faced as Chinese coffee chain Luckin Coffee’s joint provisional liquidators, how they got the complex restructuring over the line and why ESG considerations are not yet having a huge influence in the restructuring space.
Matthias Stipanitz and Stephanie Rendl at Preslmayr Attorneys at Law in Vienna assess Austria’s implementation of the EU’s preventive restructuring frameworks directive, giving a quick comparison with the implementation in Germany and the Netherlands.
PLMJ has hired a senior counsel with restructuring and insolvency experience for its dispute resolution practice in Lisbon, from the local arm of Linklaters.
Eversheds Sutherland has hired a long-time Alston & Bird partner to chair its corporate debt advisory group in Atlanta, as part of ongoing efforts to grow its restructuring offering.
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Landlords bringing a “test case” against UK fashion retailer New Look on the scope of company voluntary arrangements, have settled it just hours before a two-day hearing at the English Court of Appeal.
In the first English court decision to consider the new moratorium provisions enacted in the UK in 2020, Sir Alastair Norris has rejected a challenge from a Thai creditor against moratoria secured by a group …
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