Distressed transactions

IWIRC names Asia Woman of the Year 2021, launches Indonesia network

The International Women's Insolvency and Restructuring Confederation has named Mamta Binani, who oversaw the first resolution under India’s Insolvency and Bankruptcy Code, as its fourth Asia Women of the Year in Restructuring – two days after it launched a new network in Indonesia.

22 September 2021

Alvarez & Marsal moves into Indonesia

Alvarez & Marsal has launched a new restructuring and turnaround practice in Jakarta, making its expansion into Indonesia with an appointment from financial services and leasing group ORIX Corporation.

21 September 2021

NMC group update reveals creditor vote date

The NMC group has announced it will hold meetings of creditors for its 35 deeds of company arrangement on 1 September, in a detailed update also noting the various proceedings it has been pursuing - and fighting - in onshore and offshore courts across the UAE.

13 August 2021

Hyflux enters liquidation

After more than three years of failed restructuring attempts, a Singaporean court has placed water treatment company Hyflux in liquidation – and made a costs order against one of its potential investors, which tried to halt its winding-up.

21 July 2021

Distressed investor files Ch11 to block Brazil and Cayman Islands suits

A group of distressed investment funds organised under the laws of Delaware and the Cayman Islands have sought bankruptcy protection in New York, faced with “meritless foreign litigations” that have stopped them paying out their assets.

07 July 2021

White & Case continues US expansion with Kirkland hire

Updated: White & Case has hired Kirkland & Ellis partner Gregory Pesce in Chicago, who has credits on the liquidation of securities broker MF Global and industrial fishing conglomerate China Fishery’s bankruptcy.

10 June 2021

Former Carey Olsen partner joins Conyers in Hong Kong

Offshore firm Conyers has added a new partner to its litigation and restructuring team from US private equity fund Delta Capital Partners.

30 April 2021

Ballard Spahr restructuring head joins Sheppard Mullin

Sheppard Mullin has continued its US hiring spree with the addition of Ballard Spahr’s head of restructuring in New York.

22 April 2021

Heads-Up: Todd Snyder at Piper Sandler in New York

Featured in Heads-Up

A few months after taking over as Piper Sandler’s global head of restructuring, veteran Wall Street banker Todd Snyder speaks to GRR about a potential boom in infrastructure investment, why sub-Saharan Africa is a likely place for new investment activity and his “almost religious” belief in the importance of restructuring to the good functioning of the free market.

15 March 2021

McDermott strengthens practice in Atlanta

McDermott Will & Emery has hired former DLA Piper partner Daniel Simon for its restructuring and insolvency practice in Atlanta.

08 March 2021

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