Bankruptcy

New restructuring co-chair for Schulte Roth & Zabel

Schulte Roth & Zabel has hired a new co-head for its business reorganisation group, who says he is going to help build the firm’s fund relationships and continue to grow its debtor-side practice.

06 November 2020

Katten hires two and promotes one

Katten Muchin Rosenman has hired partners from White & Case and Paul Hastings in New York and promoted one restructuring lawyer in Chicago.

03 November 2020

Saul Ewing hires new partner in Chicago

Saul Ewing Arnstein & Lehr has hired a partner who worked on the Tribune media company restructuring from Chicago litigation boutique Carpenter Lipps & Leland.

28 October 2020

Airline roundup: LCWP acting for lessors in contentious AirAsiaX restructuring

Kuala Lumpur-based Lim Chee Wee Partnership is acting for leasing company BOC Aviation in its efforts to derail Malaysian airline AirAsia X's scheme of arrangement – while Indonesia’s Lion Air is facing a bankruptcy application and Japan’s ANA Holdings has announced a number of cost-cutting measures.

27 October 2020

New York court applies Marblegate principles to noteholder’s right to sue

A minority noteholder forced into a strict foreclosure that cancelled its notes retains a legal right to sue for payment under the Trust Indenture Act, a New York court has found – but dissenting judges have warned that “confusion will surely follow”.

26 October 2020

Greenberg Traurig hires in Boston

Greenberg Traurig has hired a new shareholder in Boston from Mintz Levin.

26 October 2020

Judges appointed in Quebec as Canadian group gets new president

Two restructuring lawyers have been appointed as judges in Quebec, as the Insolvency Institute of Canada revealed one of Thornton Grout Finnigan’s founders as its new president.

21 October 2020

White & Case hires from Sidley again

Two weeks after hiring the co-chairs of Sidley Austin’s global restructuring practice, White & Case has picked up another partner from the firm in Chicago.

16 October 2020

Baker McKenzie launches Polish restructuring practice

Baker McKenzie has brought in lawyers from Clifford Chance and local firm Wardyński & Partners to lead its new restructuring practice in Poland.

16 October 2020

Avianca, LATAM secure court approval for DIP financings

Multiple international and Latin American law firms have helped Colombian-Panamanian airline Avianca and Chile’s LATAM get court approval for debtor-in-possession financings worth more than US$4 billion, weeks after LATAM’s new money deal was initially rejected.

14 October 2020

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