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

Conference reports

ABI International, Milan: Is the US diverging from the rest of the world?

ABI International, Milan: Is the US diverging from the rest of the world?

06 February 2019

Are jurisdictions around the world converging towards a shared ideal of rescue culture, and is the US moving away from it? Panellists at an American Bankruptcy Institute conference in Milan discussed reforms around the world and focused their attention on the EU, Singapore and Delaware.

Greater China Restructuring Forum: a market-based solution to China’s excess credit?

Greater China Restructuring Forum: a market-based solution to China’s excess credit?

17 January 2019

China has been working hard to develop a distressed debt market in recent years – so much so that it may be the largest single asset class investment opportunity globally, according to one investor. All it needs is buyers.

Greater China Restructuring Forum: Hong Kong “charging ahead” with proposed corporate rescue procedure

Greater China Restructuring Forum: Hong Kong “charging ahead” with proposed corporate rescue procedure

16 January 2019

Hong Kong’s Financial Secretary Paul Chan says the special administrative region is “charging ahead” with its proposed corporate rescue procedure and plans to introduce a bill into the Legislative Council this year.

Pinsent Masons, London: would a moratorium have saved Carillion?

Pinsent Masons, London: would a moratorium have saved Carillion?

21 December 2018

The collapse of UK construction firm Carillion in January sent shockwaves through the restructuring world, but could the UK government’s proposed insolvency reforms have helped save the company?

GRR Live Hong Kong: Harris J on mutual recognition and pushback on Singapore moratoria

GRR Live Hong Kong: Harris J on mutual recognition and pushback on Singapore moratoria

08 November 2018

Mr Justice Jonathan Harris, the judge in charge of Hong Kong’s company law and insolvency law cases, used his keynote at GRR Live to call for a mutual recognition protocol for insolvency orders between mainland Chinese courts and their Hong Kong counterparts, and to raise scepticism over the cross-border moratorium provisions in Singapore’s recent restructuring reforms – the subject of his recent decision in CW Technologies.

GRR Live Hong Kong - in pictures

GRR Live Hong Kong - in pictures

08 November 2018

The Townhouse restaurant in Hong Kong’s Lan Kwai Fong district played host to GRR Live's second outing in the special administrative region on 6 November, where restructuring in China was on the menu. Click on the headline for photos from the event.

GRR Live Offshore: Is Singapore “coming for Cayman’s docket”?

GRR Live Offshore: Is Singapore “coming for Cayman’s docket”?

22 October 2018

Singapore is bidding to be the "Asian New York" of debt restructuring, but can it compete with the US’s experience and the Cayman Islands’ flexibility? A team of panellists at GRR Live Offshore considered the pros and cons of the respective regimes to see whether the city-state was “coming for Cayman’s docket”.

CI&CL Research Conference 2018, London: CVAs v administration as covenant-lite lending triggers concerns

CI&CL Research Conference 2018, London: CVAs v administration as covenant-lite lending triggers concerns

02 October 2018

Law academics warned about the calamities of global covenant-lite lending and pitched company voluntary arrangements against administration proceedings in the UK at the most recent CI&CL Research Group Conference, where the short-comings of Singapore’s beefed-up insolvency law regime were also discussed.

GRR Live, New York: Thought-provoking solutions for global group insolvencies

GRR Live, New York: Thought-provoking solutions for global group insolvencies

01 October 2018

A Singaporean judge has questioned whether the doctrine of separate legal personality as an unshakeable principle should be re-examined when restructuring multinational corporate groups – and raised a “fascinating twist” to the concept of synthetic secondary proceedings as a way of managing cross-border insolvencies.

GRR Live New York - in pictures

GRR Live New York - in pictures

28 September 2018

On 26 September, Global Restructuring Review held its second GRR Live New York conference, with a thought-provoking keynote speech by Singapore's Judge Kannan Ramesh.

Corporate Restructuring Summit, Dubai: Debt-to-equity swaps in the Gulf

Corporate Restructuring Summit, Dubai: Debt-to-equity swaps in the Gulf

18 September 2018

In an era of excessive corporate debt, how important are debt-to-equity swaps as a resolution mechanism in the Gulf? Panellists in Dubai identified some of the challenges and opportunities offered by swaps - a relatively rare restructuring tool in the region.

Corporate Restructuring Summit, Dubai: An “era of transformation” for the Gulf - reforms and warnings

Corporate Restructuring Summit, Dubai: An “era of transformation” for the Gulf - reforms and warnings

12 September 2018

While governments across the Middle East are modernising their bankruptcy laws, the region’s non-performing loans should “ring the bells” of banks and regulatory authorities, delegates heard on the opening day of the Gulf Cooperation Council’s first-ever debt restructuring and NPL summit in Dubai.