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While governments across the Middle East are modernising their bankruptcy laws, the region’s non-performing loans should “ring the bells” of banks and regulatory authorities, delegates heard on the opening day of the Gulf Cooperation Council’s first-ever debt restructuring and NPL summit in Dubai.
12 September 2018
The chief restructuring officer of Saudi conglomerate Ahmad Hamad Al-Gosaibi & Brothers (AHAB) says the group may use Saudi Arabia's new bankruptcy law to try and see an end to its decade-long restructuring saga, in what will be a “huge litmus test” for the Kingdom.
10 September 2018
European lawyers and advisers will have opportunities to muscle in on UK restructuring work in the wake of Brexit and possible changes to the Gibbs rule, a British academic told attendees at the German Bar Association’s 7th European Insolvency and Restructuring Congress.
03 September 2018
Looming questions about struggling retail companies, the use of company voluntary arrangements to help restructure them, and the accountability of the insolvency professionals at the helm dominated discussion at this year’s GRR Live London.
25 July 2018
Dubbed “the year of the CVA”, so far 2018 has seen troubles on the UK high street, as well as the demise of public contractor Carillion and the fall of Monarch Airlines. Panellists at the third annual GRR Live London conference discussed the lessons learned so far and looked to what the next 12 months will bring.
20 July 2018
With the “easy part” of the EU’s proposed directive on preventive restructuring frameworks approved in early June, speakers at the TMA’s Europe conference considered the tough bits – like how to define the “likelihood of insolvency” standard that would make pre-insolvency proceedings available to debtors.
28 June 2018
Former Court of Appeal judge Dame Elizabeth Gloster and veteran EY partner Alan Bloom were among the guest speakers at the official launch of the International Women’s Insolvency and Restructuring Confederation’s (IWIRC) new network in London last week.
22 June 2018
Many debtors around the world have sought protection under the wing of the US Bankruptcy Code’s Chapter 11, taking advantage of its expansive jurisdictional ambit. But is it right for everybody?
19 June 2018
With bold new precedents established in Ocean Rig, and planned restructuring law reforms on the horizon, Cayman practitioners considered how they square against the competition in the battle to win cross-border work, at the inaugural GRR Live Offshore.
18 June 2018
GRR's first ever offshore event attracted important names from New York, London, Hong Kong, Singapore, Chile and of course, the host jurisdiction, the Cayman Islands. Click on the headline for photos from the day.
18 June 2018
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