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Weil Gotshal & Manges’ London restructuring co-heads Andrew Wilkinson and Neil Devaney tell GRR why restructuring skills will have to develop to address environmental issues in future, and why a move from CVAs to Part 26A restructuring plans is desirable.
14 January 2022
Non-executive directors of collapsed construction company Carillion have told an English court that disqualification claims brought against them are “oppressive” and evidence submitted by the UK government is “ill-founded”.
30 November 2021
Ashurst has recruited a partner from Norton Rose Fulbright in Sydney, who has experience advising on the restructurings of mining company Arrium and swimwear brand Seafolly.
29 November 2021
An English court has rejected all allegations of material irregularity and unfair prejudice brought by a landlord against UK coffee chain Caffè Nero’s company voluntary arrangement, in a decision that exposes a gap in the rules on UK electronic voting procedures.
29 September 2021
A pair of Deloitte-turned-Teneo partners have defeated misfeasance claims arising out of the administration of a storage group more than six years ago, after an English judge struck them out and partially dismissed breach of duty claims against Clyde & Co.
24 September 2021
The largest French arm of Nortel Networks is set to terminate its “unique” 12-year English administration, eight months after a court in Versailles closed its secondary liquidation.
20 September 2021
A landlord of UK coffee chain Caffè Nero, and a billionaire looking to buy it, have given evidence to the High Court in London on the first day of a challenge to its company voluntary arrangement.
21 July 2021
Recognition of UK insolvency and restructuring procedures in the EU post-Brexit could be “complex, piecemeal and uncertain”, according to panellists at a virtual event jointly organised by IWIRC’s Europe and London networks.
10 June 2021
UK coffee chain Caffè Nero has failed to get a landlord’s challenge to its company voluntary arrangement struck out, after an English court was unconvinced by its claim that the challenge was an improper attempt to force a takeover.
28 May 2021
Alvarez & Marsal’s European restructuring head tells GRR that the recent sales of KPMG's and Deloitte’s UK restructuring arms are proving to be “good news” for the firm, which hired former KPMG director Paul Berkovi in London this week.
18 May 2021
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