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

Conference reports

ABI, New York: Brazil and Argentina considering JIN guidelines

ABI, New York: Brazil and Argentina considering JIN guidelines

14 November 2019

Brazil and Argentina are likely to become the first Latin American jurisdictions to adopt the Judicial Insolvency Network’s guidelines on court-to-court communication, delegates heard at an event put on by the American Bankruptcy Institute last week.

GRR Live - IWIRC London: Women in Restructuring 2019 - in pictures

GRR Live - IWIRC London: Women in Restructuring 2019 - in pictures

11 November 2019

The first-ever GRR Live – IWIRC London Women in Restructuring conference was held on 7 November at Painters’ Hall in London. Click on the headline for pictures from the event.

GRR Live - IWIRC London: KPMG chief economist opens first Women in Restructuring conference

GRR Live - IWIRC London: KPMG chief economist opens first Women in Restructuring conference

08 November 2019

KPMG chief economist Yael Selfin predicted interest rates would remain low for decades, but warned they could leave central banks out of options if there’s a “correction” in the fragmented European bank market, in a keynote that kicked off GRR’s first-ever women’s event co-organised with IWIRC London.

TMA Europe, London: CROs – the spy in the camp?

TMA Europe, London: CROs – the spy in the camp?

18 October 2019

Chief restructuring officers can usually expect defensiveness, minimal access to information and to be treated as a “possible spy in the camp” by the company boards they are coming in to advise, CROs in London have warned, sharing war stories.

GRR Live, New York: In pictures

GRR Live, New York: In pictures

14 October 2019

The third annual GRR Live New York focused on cross-border restructurings in Brazil and Mexico, and the huge sovereign debt workouts in Puerto Rico and Venezuela.

GRR Live, New York: Public debt in Puerto Rico and Venezuela

GRR Live, New York: Public debt in Puerto Rico and Venezuela

14 October 2019

Panellists at the third GRR Live New York considered two sovereign debt restructurings where politics, humanitarian crises and uncharted legal territory are compelling practitioners to think creatively.

IBA, Seoul: Would Chapter 11 have saved Hanjin?

IBA, Seoul: Would Chapter 11 have saved Hanjin?

27 September 2019

The case of bankrupt Korean cargo shipper Hanjin should be studied for years to come, speakers in Seoul have said, because it speaks to the strengths of the cross-border protocol in the US's Chapter 15 - but also highlights its limitations.

Corporate Restructuring Summit, Dubai: How a cross-border restructuring saved disgraced Abraaj’s assets

Corporate Restructuring Summit, Dubai: How a cross-border restructuring saved disgraced Abraaj’s assets

12 September 2019

As provisional liquidators for the disgraced UAE private equity fund Abraaj look to complete the sale of its assets in multiple emerging markets, advisers working on the case hailed the vital role of cross-border collaboration in preserving the assets’ value.

GRR Live-Latin Lawyer, New York: Venezuela divided

GRR Live-Latin Lawyer, New York: Venezuela divided

01 August 2019

Venezuelan companies that were worth US$1 billion 20 years ago, can now be bought for US$55 million, according to GCG Advisors managing partner Jose Gonzales. “If you want to take the risk, there should be plenty of opportunity.”

Guernsey, INSOL Channel Islands: The future of crime, taxation and auditors offshore

Guernsey, INSOL Channel Islands: The future of crime, taxation and auditors offshore

26 July 2019

Ogier partners Mathew Newman in Guernsey and Bruce MacNeil in Jersey report from an INSOL seminar in June that examined future challenges for offshore insolvencies, particularly as regards taxation, auditors and when criminal investigations and insolvency clash.

GRR Live – Latin Lawyer, New York: Why asset sales offer better protection than judicial restructuring in LatAm

GRR Live – Latin Lawyer, New York: Why asset sales offer better protection than judicial restructuring in LatAm

23 July 2019

Companies facing bankruptcy from the wave of anti-corruption probes following Operation Car Wash in Brazil have found that selling their assets before filing for judicial restructuring better preserves their value, delegates heard at the 4th Annual GRR Live-Latin Lawyer restructuring conference.

GRR Live-Latin Lawyer 4th Annual Restructuring Conference: in pictures

GRR Live-Latin Lawyer 4th Annual Restructuring Conference: in pictures

12 July 2019

The GRR Live-Latin Lawyer 4th Annual Restructuring conference took place in New York on 11 July, focusing on Brazil, Mexico and Venezuela, as well as on oil company and airline insolvencies. Click on the headline to see pictures from the event!