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