Conference coverage

GRR Live, New York: Nortel and Kodak – barking up the wrong IP

In a multinational group insolvency, how do you safeguard and maximise the value of healthy parts of the business? Speakers at GRR Live New York compared the bankruptcies of telecoms group Nortel and imaging software company Kodak, concluding that Nortel benefited from selling the right kind of intellectual property, at the right time.

08 November 2017

ABI International: America Now! Part one

A panel of American lawyers sitting in Ireland discussed why foreign companies in distress are increasingly choosing the US as the destination for their restructuring – and told delegates how to ensure they get their case heard in an American bankruptcy court once they’ve chosen the US as a jurisdiction.

03 November 2017

GRR Live, New York: Home court advantage

Panellists at the first GRR Live event in New York discussed whether jurisdictional competition for control of global insolvency proceedings is a positive development, taking in subjects from forum shopping to Brexit and recent developments at UNCITRAL.

02 November 2017

Single Resolution Board Conference 2017: cross-border questions

The European Union’s Single Resolution Mechanism (SRM) rose to its first challenge – the resolution of Spain’s Banco Popular – in summer 2017, but obstacles to the smooth functioning of the regulation could still arise when it is applied to cases that cross Europe’s borders, according to speakers at the Single Resolution Board’s second annual conference in Brussels.

23 October 2017

European Investment Summit: Greece’s place in the global NPL market

As massive new markets emerge in Asia and elsewhere, how can Greece remain relevant to NPL investors? That was the question posed in a keynote presentation by David Edmonds, financial advisory global head at Deloitte, at DDC Financial’s European Investment Summit in Athens last week.

20 October 2017

INSOL Europe Warsaw: a “new pragmatist” approach to insolvency

The EU Commission Directive proposal on preventive restructuring frameworks contains some "extremely useful" measures but could have minimal impact in some member states, according to speakers on the opening panel of INSOL Europe's 2017 congress in Warsaw.

20 October 2017

GRR Live Hong Kong: Judge-made innovations and the trouble with enforcement in China

A panel at the inaugural GRR Live in Hong Kong considered the future of schemes of arrangement – and the future availability of other restructuring mechanisms in the special administrative region – against practical realities such as the court’s unwillingness to sanction the use of provisional liquidators solely for restructuring purposes.

19 October 2017

GRR Live Hong Kong in pictures

On 17 October, GRR held its first conference in Hong Kong at offices of Freshfields Bruckhaus Deringer, featuring a keynote speech by Hong Kong Companies Court Judge Jonathan Harris.

18 October 2017

Vienna: What UNCITRAL did next

Ten international insolvency brains came together at the United Nations building in Vienna to argue their case for what UNCITRAL’s Working Group V should pick up next: from a model law on sovereign debt restructuring, to an UNCITRAL-sponsored “law to die by”.

17 October 2017

Global Distressed Investments Forum: China NPL market on the rise

China’s official non-performing loan (NPL) ratio is just 1.74% with portfolios up for grabs worth US$250 billion, according to the government. But the true figure could be up to US$1 trillion, two speakers argued at an event in London last week, as they discussed opportunities and stumbling blocks for investing in the People’s Republic – a market so big investors could hunt for things to buy “with possibly no competition”.

06 October 2017

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