Minority bondholders defeat Italian ferry operator’s tortious interference claims
Ferry operator Moby SPA has failed to convince a New York court that an Italian noteholder and a US investment bank tried to foil its Italian restructuring by interfering with creditor relationships and trying to take over the company, in a case set to consider whether New York state legislation for the protection of free speech could be used to prevent parties from weaponising local courts against foreign insolvency proceedings.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.