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German lawyers have cautiously welcomed a preventative restructuring regime outlined in a long-awaited draft bill that they hope will enable company rescues outside of insolvency and stymie the flow of companies who have headed abroad.
24 September 2020
Specialists from the US, Brazil, Chile and Mexico met to discuss the allure of the Chapter 11 process for Latin American’s three largest airlines, Avianca, LATAM and Aeroméxico, as well as the potential pitfalls of forum shopping.
10 September 2020
An Australian court has recognised the Hong Kong bankruptcy estate of an airline pilot, despite expressing concerns over the determination of his centre of main interests.
12 August 2020
An EU court has interpreted the recast Insolvency Regulation to find that a couple who live and work in England, but whose only immovable asset is in Portugal, probably have their COMI in the UK.
21 July 2020
Canadian specialty tea retailer DAVIDsTEA has been granted court protection in Canada and applied for Chapter 15 recognition, as it restructures its business model from shops to online.
09 July 2020
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