A long-time Lazard banker with credits on the Chapter 11 bankruptcies of opioid maker Insys Therapeutics and Japanese airbag manufacturer Takata has joined Rothschild & Co’s restructuring practice in New York as global co-head.
26 September 2023
A year after it launched in the Cayman Islands, all female insolvency, litigation and regulatory boutique Claritas has expanded with the addition of a former barrister who previously worked at Walkers in Singapore.
20 September 2023
A cross-border civil fraud and asset-recovery specialist has joined Baker & Partners in the British Virgin Islands, after working for the firm as a consultant for two months.
20 September 2023
The International Women's Insolvency and Restructuring Confederation has named Nishimura & Asahi partner Yuri Sugano as its Asia Woman of the Year in Restructuring for 2023, at its first international conference outside North America.
19 September 2023
Responding to a letter urging UNCITRAL to abolish the concept of centre of main interests, one of the architects of the Model Law on Cross-Border Insolvency has warned that changing the eligibility requirement for recognition will not eliminate the possibility of litigation by opportunistic opponents.
15 September 2023
The use of a debtor’s centre of main interests to determine the place where a foreign main proceeding should take place under the UNCITRAL Model Law is a “major flaw” that undermines the ability of insolvency law to reorganise viable businesses, according to a group of law professors supported by a host of industry heavyweights from around the globe.
14 September 2023
A former partner at several well-known US law firms has pleaded guilty to bankruptcy fraud before a federal court in New York.
14 September 2023
The UK government has revealed proposed changes to regulation of the insolvency profession, including reforms to bonding and the potential introduction of a compensation scheme, which insolvency practitioners say could increase costs and lead to a “wave of unsubstantiated claims”.
13 September 2023
A former Morgan Lewis partner with a focus on secured transactions, asset-based lending and supply chain financing has joined Mayer Brown’s London team.
12 September 2023
Appleby has hired a new partner from Ogier who has been providing counsel to the liquidators of multi-billion-dollar crypto hedge fund Three Arrows Capital in the British Virgin Islands.
11 September 2023
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