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Former US president Bill Clinton said the country’s federal government needs to provide at least one more round of “significant” investment to deal with the economic consequences of the covid-19 pandemic, as he addressed the American Bankruptcy Institute’s International Insolvency Forum.
20 November 2020
Mr Justice Snowden has said he will be looking to existing principles of UK insolvency law to guide the exercise of the court’s discretion under the new Part 26A restructuring plan, rather than simply adopting techniques used in other jurisdictions - as he predicted a rise in work for valuation experts before the English courts.
19 November 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
Updated: The International Insolvency Institute held a webinar to discuss the impact of covid-19 on the airline industry; from the benefits of filing in certain jurisdictions, to the major challenges faced from a creditor and customer perspective.
22 July 2020
French, German and Italian lawyers have urged European subsidiaries of multinational companies in covid-19 era cross-border restructurings to take precautions, warning of criminal liabilities caused by careless cash pooling and other potential pitfalls.
19 June 2020
Representatives from UNCITRAL, lawyers in India and a former US bankruptcy judge came together via a webinar to discuss the reasons behind India’s slow progress towards implementation of the UNCITRAL Model Law on Cross-Border Insolvency.
11 June 2020
Lawyers from Japan and Singapore discussed how debtors are benefiting from new out-of-court and cross-border processes in their respective jurisdictions and predicted that these debtor-friendly tools will be put through their paces amid a covid-19 restructuring surge.
20 May 2020
Trade in Greece’s non-performing loans is taking off following reforms to the country’s restructuring framework, a distressed debt forum has heard.
03 January 2020
The UNCITRAL model law on recognition of insolvency-related judgments could “fix” the impact caused by the decisions in Rubin and Gibbs if enacted in the UK, panellists at the ABI’s international conference in Paris have said.
21 November 2019
Brazil and Argentina are likely to become the first Latin American jurisdictions to adopt the Judicial Insolvency Network’s guidelines on court-to-court communication, delegates heard at an event put on by the American Bankruptcy Institute last week.
14 November 2019
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