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

News

International Insolvency Forum, St Petersburg: Building bridges with UNCITRAL

International Insolvency Forum, St Petersburg: Building bridges with UNCITRAL

16 May 2019

The UNCITRAL Model Law on Enterprise Group Insolvency will be ready for adoption in July, the commission’s secretary Anna Joubin-Bret has said.

GRR Awards 2019 - cooperation

GRR Awards 2019 - cooperation

15 May 2019

Nominees in three categories have already been revealed for the GRR Awards 2019. Up next is the shortlist for “Cross-border cooperation in a specific restructuring or insolvency matter”.

R&H Restructuring hires former EY director in the Cayman Islands

R&H Restructuring hires former EY director in the Cayman Islands

15 May 2019

Recently rebranded boutique R&H Restructuring has hired former EY executive director Claire Loebell in the Cayman Islands.

Stephenson Harwood advising as Bolton Wanderers kicks off administration

Stephenson Harwood advising as Bolton Wanderers kicks off administration

15 May 2019

Paul Appleton and Asher Miller of David Rubin & Partners have been appointed joint administrators of English football club Bolton Wanderers.

GRR Awards 2019 – Innovation

GRR Awards 2019 – Innovation

14 May 2019

With two lists already revealed, we are delighted to unveil our third list of nominees for the GRR Awards 2019, for the “Innovation in cross-border restructuring and insolvency” category.

New York court refuses summary judgment over “sham” Indonesian PKPU

New York court refuses summary judgment over “sham” Indonesian PKPU

14 May 2019

Objecting noteholders of Indonesian telecoms company Bakrie Telecom have failed in their effort to block Chapter 15 recognition of the company’s Jakarta debt restructuring through summary judgment.

Dutch court adopts JIN guidelines

Dutch court adopts JIN guidelines

14 May 2019

A court in the Dutch city of Utrecht has become the second in Europe to adopt the Judicial Insolvency Network’s guidelines for cross-border insolvency, as the organisation drafts further proposals on inter-court cooperation.

Greenberg Traurig hires corporate trust specialist from Wells Fargo

Greenberg Traurig hires corporate trust specialist from Wells Fargo

13 May 2019

Greenberg Traurig has hired a corporate trust specialist from Wells Fargo as a shareholder at its new Minneapolis office.

GRR Awards 2019 – recognition decision

GRR Awards 2019 – recognition decision

13 May 2019

Our second list of nominees, for the “Most important cross-border recognition decision” category in the GRR Awards 2019, is available now.

Texas-headquartered helicopter operator files Chapter 11

Texas-headquartered helicopter operator files Chapter 11

13 May 2019

Global helicopter services provider Bristow Group has filed for Chapter 11 protection in Texas after entering a restructuring support agreement with senior noteholders last week.

Far-flung Constellation’s global structure raises COMI questions in Chapter 15

Far-flung Constellation’s global structure raises COMI questions in Chapter 15

10 May 2019

A US court has recognised the Brazilian bankruptcy of oil company Constellation, despite noting that the increasingly “detached” nature of the group’s operations raised questions over how to apply centre of main interests rules.

GRR Awards 2019 – full shortlists coming next week

GRR Awards 2019 – full shortlists coming next week

10 May 2019

Over the course of next week GRR will be revealing the full shortlists for our 2019 Awards, to be held on 15 June in Barcelona. As a taster, here's our first list of nominees in a special category honouring the location of this year’s awards: Noteworthy Spanish restructuring matter.