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

A well-oiled machine: Delaware worked out

By Benjamin Clarke

04 October 2018

A well-oiled machine: Delaware worked out iStock.com/omersukrugoksu

Delaware has been one of the most important forums for the world’s largest bankruptcies for over three decades. In the latest of GRR’s Worked Out series, we probe what makes Delaware an attractive restructuring hub, from its experienced judges, to some fairly pioneering local rules - and see what other jurisdictions can learn from it.