Conference coverage
Financial Restructuring MENA, Abu Dhabi: the “magic realism” of the Middle East’s NPL market
Regional banks in the Middle East shared their predictions for the acceleration of a buoyant local non-performing loan market this week – but distressed investors appeared sceptical, citing a “humongous delta” between the banks’ expectations and investor realities.
17 March 2023
Financial Restructuring MENA, Abu Dhabi: a wish list for the future
Specialist insolvency judges, greater clarity on the priority status of new money and better understanding and cooperation between onshore and offshore regimes: speakers from law and advisory firms, funds and banks in the Middle East provided food for thought for future restructuring reforms in the UAE and Saudi Arabia.
16 March 2023
Insolvency Practitioners Association, London: the case for diversity
“The reality is the vast majority of people that are sitting in senior roles today came on to the pitch five nil up before the ball was even kicked,” an EY partner remarked at an Insolvency Practitioners Association diversity event in London last week.
20 February 2023
ABI, Caribbean: Cayman practitioners regret Hong Kong’s “shift away from cooperation”
Insolvency advisers in the Cayman Islands have taken aim at what they say is a recent trend of “protectionist” Hong Kong court rulings at the American Bankruptcy Institute’s Caribbean Insolvency Symposium.
08 February 2023
Insolvency Law Academy dedicates mediation centre in honour of late minister
The think tank founded by former INSOL International president Sumant Batra has named two Indian judges as emeritus fellows, and dedicated a new mediation centre to another late luminary in the insolvency space.
08 February 2023
ILA, New Delhi: inaugural event credits Indian Bankruptcy Code for economic growth
India’s economic growth and the refinement of the country’s Insolvency and Bankruptcy Code are not mutually exclusive, a crowd of leading Indian and international practitioners and scholars heard this week at the inaugural conference of the Insolvency Law Academy – a not-for-profit organisation set up by former INSOL International president Sumant Batra.
07 February 2023
SGRI, Singapore: Sontchi on 16 years on the Delaware bankruptcy bench
Closing the Singapore Global Restructuring Initiative’s inaugural conference, Judge Christopher Sontchi provided 16 observations from his 16 years on the Delaware bankruptcy bench, saying judges will only ever know “a small fraction” of the truth and settlements are “almost always” better than court decisions.
18 November 2022
III & ABLI launch new guide on treatment of insolvent MSEs in Asia
Two international insolvency organisations have launched a new guide on the treatment of insolvent micro and small enterprises in Asia, aiming to plug a gap in the legislative regimes of many Asian jurisdictions.
16 November 2022
SGRI, Singapore: crypto collapses “enliven” opportunity for mediation
The high-profile collapses of FTX and other crypto companies will lead to the “next wave” of mediations and arbitrations, according to speakers at the Singapore Global Restructuring Initiative’s inaugural conference.
15 November 2022
IBA, Miami: valuation advice from the US to Europe
As valuation disputes are expected to become more prevalent in Europe following the introduction of the EU’s preventative restructuring directive, a US lawyer said there is only ever one result if valuation is left to be assessed by a judge: “he or she is going to get it wrong”.
03 November 2022