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

Features

Asset recovery column: Tools in action

Asset recovery column: Tools in action

17 September 2018

Edward Davis and Annette Escobar, of Sequor Law in Miami, discuss a massive Ponzi scheme in Chile involving the execution of asset recovery and cross-border recognition tools in multiple jurisdictions.

“Freefall”: A GRR Lehman special

“Freefall”: A GRR Lehman special

15 September 2018

A decade ago, on 15 September 2008, Lehman Brothers Holdings filed the biggest Chapter 11 filing in history, plunging the world into an economic vortex from which it has still not fully escaped. Douglas Thomson investigates the legacy that the collapsed bank left on cross-border insolvency law and what the next “Lehman” might look like.

European Insolvency and Restructuring Congress, Brussels: British academic chooses EU over UK post-Brexit

European Insolvency and Restructuring Congress, Brussels: British academic chooses EU over UK post-Brexit

03 September 2018

European lawyers and advisers will have opportunities to muscle in on UK restructuring work in the wake of Brexit and possible changes to the Gibbs rule, a British academic told attendees at the German Bar Association’s 7th European Insolvency and Restructuring Congress.

Europe column: Money, that’s what I want!

Europe column: Money, that’s what I want!

24 August 2018

Bob Wessels, professor emeritus of international insolvency law at Leiden University and expert counsel on restructuring and insolvency to the European Commission, discusses the position of foreign creditors in the EU and the rules governing their filing of claims in another member state.

Philosophers and streetfighters: Ukraine worked out

Philosophers and streetfighters: Ukraine worked out

13 August 2018

In the second of our Worked Out series, GRR looks at Ukraine, where an economic, military and political crisis has spurred a wealth of restructuring work. So far, much of that work has gone overseas – can Ukraine bring it back, and what do outside practitioners need to know when they get there? By Declan Bush

Names to know in Ukraine

Names to know in Ukraine

13 August 2018

Ukraine’s restructuring and insolvency market is a relatively small field, but that makes for concentrated expertise. Local firms adapted their banking and finance practices to advise on restructurings during the boom of 2015, and non-Ukrainian firms have worked since then to secure international financing for Ukrainian companies.

The position and rights of secured creditors in a Cayman liquidation

The position and rights of secured creditors in a Cayman liquidation

10 August 2018

While secured creditors are usually better off than unsecured ones, they can face a number of pitfalls as a result of much-overlooked Cayman law, warn partner Nick Hoffman and senior associate Katie Pearson from Harneys in Grand Cayman.

“The whole COMI concept is one where the jury is still out”: An interview with retired SDNY bankruptcy judge Robert Gerber

“The whole COMI concept is one where the jury is still out”: An interview with retired SDNY bankruptcy judge Robert Gerber

01 August 2018

GRR met retired judge Robert Gerber, formerly of the US Bankruptcy Court for the Southern District of New York, as he gave his thoughts on how cross-border bankruptcy cases have evolved over time, and outlined his concerns about the use of the concept of the centre of main interests (COMI) in international insolvency proceedings.

GRR Live London: Could Chapter 11 have saved Carillion? CVAs, pre-packs and accountability in restructuring

GRR Live London: Could Chapter 11 have saved Carillion? CVAs, pre-packs and accountability in restructuring

25 July 2018

Looming questions about struggling retail companies, the use of company voluntary arrangements to help restructure them, and the accountability of the insolvency professionals at the helm dominated discussion at this year’s GRR Live London.

GRR Live London: 2018 – the year of the CVA

GRR Live London: 2018 – the year of the CVA

20 July 2018

Dubbed “the year of the CVA”, so far 2018 has seen troubles on the UK high street, as well as the demise of public contractor Carillion and the fall of Monarch Airlines. Panellists at the third annual GRR Live London conference discussed the lessons learned so far and looked to what the next 12 months will bring.

Singapore Worked Out

Singapore Worked Out

05 June 2018

GRR profiles Singapore in the first of a new type of feature, assessing different jurisdictions around the world to see how amenable they are for cross-border insolvency and restructuring.

Names to know in Singapore

Names to know in Singapore

05 June 2018

Singapore's judges, local firms, international firms and non-law practitioners.