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Ogier promotes one in Guernsey, hires two in London

Ogier promotes one in Guernsey, hires two in London

03 July 2020

Offshore firm Ogier has promoted Bryan de Verneuil-Smith in its Guernsey dispute resolution team and hired Jeremy Snead and Anna Snead from Appleby in the Cayman Islands.

Casual Dining Group appoints administrators ahead of sale of business

Casual Dining Group appoints administrators ahead of sale of business

03 July 2020

Casual Dining Group, the KKR-controlled owner of UK restaurant chains Bella Italia, Cafe Rouge and Las Iguanas, has appointed AlixPartners as administrators ahead of an expected sale of the business.

Gibson Dunn partners face Singapore misconduct probe

Gibson Dunn partners face Singapore misconduct probe

03 July 2020

The head of Gibson Dunn & Crutcher’s Singapore office and another partner are facing disciplinary investigations over alleged misconduct when advising an Indian engineering company that placed subsidiaries into judicial management.

Begbies Traynor brought in as Hong Kong-owned Wigan Athletic kicks off administration

Begbies Traynor brought in as Hong Kong-owned Wigan Athletic kicks off administration

03 July 2020

English football club Wigan Athletic has fallen into administration in the UK, just weeks after it was taken over by Cayman-registered, Hong Kong-based Next Leader Fund.

Baker McKenzie partner set to join Allen & Overy in Sydney

Baker McKenzie partner set to join Allen & Overy in Sydney

03 July 2020

Allen & Overy has hired Baker McKenzie partner David Walter to its Asia-Pacific restructuring group as a “key part” of a planned expansion in the region.

Mexican retailer files pre-pack Chapter 11 in New York

Mexican retailer files pre-pack Chapter 11 in New York

02 July 2020

Mexican loan to own retailer Grupo Famsa has filed a pre-packaged Chapter 11 plan to restructure a single series of notes that were due in June, after covid-19 prevented it from refinancing them with further borrowing.

Premier Oil creditors back BP acquisitions

Premier Oil creditors back BP acquisitions

02 July 2020

Creditors of oil and gas company Premier Oil have approved two “deleveraging” acquisitions ahead of a vote on the refinancing of its credit facilities, as the company aims to restructure US$2.8 billion of debt.

Fried Frank and Shoosmiths advise on Bensons for Beds pre-pack

Fried Frank and Shoosmiths advise on Bensons for Beds pre-pack

02 July 2020

Turnaround specialist Alteri Investors has acquired UK retailer Bensons for Beds through a pre-packaged administration sale, with Fried Frank Shriver & Jacobson and Shoosmiths advising.

Aeroméxico becomes latest LatAm airline to file Chapter 11 in New York

Aeroméxico becomes latest LatAm airline to file Chapter 11 in New York

02 July 2020

Mexico’s second-largest airline Aeroméxico has filed Chapter 11 proceedings in New York, following in the steps of Colombian-Panamanian airline Avianca and South America’s largest passenger carrier Latam.

Cirque Du Soleil shareholders looking to steal the show in CCAA auction

Cirque Du Soleil shareholders looking to steal the show in CCAA auction

01 July 2020

Stikeman Elliott, Kirkland & Ellis and Pachulski Stang are advising the internationally recognised circus production company Cirque du Soleil in CCAA proceedings in its native Québec, where shareholders have already placed a stalking horse bid at auction.

Virgin Australia administrators select Bain Capital as new owner

Virgin Australia administrators select Bain Capital as new owner

01 July 2020

Virgin Australia’s administrators have entered a sale agreement with US private equity group Bain Capital and warned shareholders not to expect any recoveries.

NMC Health-linked KBBO appoints restructuring advisers in Abu Dhabi

NMC Health-linked KBBO appoints restructuring advisers in Abu Dhabi

01 July 2020

Abu Dhabi-based investment group KBBO has brought in Cleary Gottlieb and local firm Hadef & Partners to advise it on a restructuring, citing concerns about its exposure to scandal-hit healthcare chain NMC Health.