Bankruptcy exit/ discharge

Alvarez & Marsal moves into Indonesia

Alvarez & Marsal has launched a new restructuring and turnaround practice in Jakarta, making its expansion into Indonesia with an appointment from financial services and leasing group ORIX Corporation.

21 September 2021

Maples taps insolvency partner for British Virgin Islands role

Maples and Calder has hired a new British Virgin Islands partner with experience advising on the cross-border restructurings of China’s Luckin Coffee and Brazilian oil group Constellation.

15 September 2021

Haynes Boone hires veteran US Supreme Court lawyer

Appellate lawyer Daniel Geyser, who argued in the precedent-setting bankruptcy discharge violation case of Taggart v Lorenzen, has joined Haynes Boone as the chair of its US Supreme Court practice in Denver.

03 September 2021

Air Berlin liquidator to sell claims on to hedge funds

Air Berlin’s insolvency administrator plans to sell claims that he is asserting against third parties to interested hedge funds on behalf of creditors – including his claim against Abu Dhabi’s Etihad Airways that is pending before English courts.

27 August 2021

FRP hires valuation specialist from Alvarez & Marsal

Advisory firm FRP has appointed valuation specialist Jim Davies as a partner in its corporate finance team in London.

26 August 2021

PJT Partners hires Anchorage’s former restructuring head in New York

Charles Tauber, the former head of restructuring at US hedge fund Anchorage Capital Group, is joining PJT Partners as a partner in September.

24 August 2021

Cassels snags Norton Rose partner in Toronto

Canadian law firm Cassels Brock & Blackwell has hired the chair of Norton Rose’s Toronto litigation group, Alan Merskey, who has credits on the Nortel Networks and Sears bankruptcies.

20 August 2021

Opioid maker Purdue submits US$10 billion Chapter 11 plan

A year and a half since it entered bankruptcy, Purdue Pharma has submitted a U$10 billion Chapter 11 plan before a New York court that it says will shift it from opioid drug marketer to a company owned by a public trust dedicated to addressing addiction.

16 March 2021

Oi sells mobile division to Claro, Telefónica and TIM

Brazil’s BMA - Barbosa, Müssnich, Aragão has helped telecoms group Oi sell its mobile business to local subsidiaries of Claro, Telefónica and TIM – one of a series of assets sales envisaged as part of its judicial reorganisation plan.

17 February 2021

Ankura hires from Goldman Sachs

Business advisory firm Ankura has strengthened its turnaround and restructuring group in New York with a new senior managing director from Goldman Sachs.

10 December 2020

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