Heads-up: Allen & Overy’s Katrina Buckley in London and Sigrid Jansen in Amsterdam

The co-heads of Allen & Overy’s global restructuring practice, Katrina Buckley in London and Sigrid Jansen in Amsterdam, discuss the need for a workable stay to support the UK’s Part 26A plan, and how new restructuring procedures across Europe have decreased holdout creditors’ power.

21 September 2023

Europe column: who is the “foreign representative” under the UNCITRAL Model Law?

Bob Wessels, professor emeritus of international insolvency law at Leiden University and expert counsel on restructuring and insolvency to the European Commission, discusses an issue that came before a Dutch court in a case GRR reported on a few days ago: who is the foreign representative under the UNCITRAL Model Law?

04 September 2023

“A new and rapidly evolving industry”: an interview with Vince Novelli

Senior vice president Vince Novelli of specialist North American insurance broker Atlantic Global Risk tells GRR about how contingent risk insurance can be used as an alternative financing option in the restructuring and insolvency space and why the current macroeconomic environment has been good for business.

25 August 2023

The UK's Cross-Border Insolvency Regulations 2006: the importance of timely recognition

Mayer Brown partners Devi Shah and Stephen Moi and counsel Alexandra Wood consider the lessons learned from an English court decision earlier this year in which a foreign judgment creditor was able to enforce a third-party debt order against a Lithuanian debtor’s English assets, after the debtor’s Lithuanian insolvency administrator had applied for recognition in the UK.

22 August 2023

Bermuda court reinforces the integrity of the local segregated accounts regime

Michael Todd KC and Tom Hall of Erskine Chambers and Christina Herrero of Marshall Diel & Myers in Bermuda, who represented joint provisional liquidators in a recent application for directions regarding the statutory regime for segregated accounts companies in Bermuda, consider the resulting “important” decision that provides the regime’s first comprehensive review.

15 August 2023

Europe column: can digital data be the subject of property rights?

Bob Wessels discusses a recent case of the Netherlands Commercial Court on whether digital data can be legally owned.

11 August 2023

A new chapter in cross-border insolvency – UK to adopt UNCITRAL Model Law on Enterprise Group Insolvency

Norton Rose Fulbright partner Radford Goodman and senior knowledge lawyer Helen Coverdale in London provide context to the UK’s recent decision to adopt one new UNCITRAL Model Law and press pause on implementing part of another – with a commentary from the firm’s global chair and global co-head of restructuring Scott Atkins in his capacity as INSOL International president.

25 July 2023

Europe column: Should parties have the right to appeal a restructuring plan?

Bob Wessels, professor emeritus of international insolvency law at Leiden University and expert counsel to the European Commission, explains how a court in The Hague recently dealt with seemingly contradictory provisions under Dutch and EU law on the right to appeal a restructuring plan.

04 July 2023

Heads-Up: Bahram Vakil and Nilang Desai at AZB & Partners in Mumbai

Featured in Heads-Up

One of the draftsmen behind India’s Insolvency and Bankruptcy Code and a senior partner at his firm discuss how delays are weighing down India’s seven-year-old bankruptcy system and whether the country might adopt the UNCITRAL Model Law on Cross Border Insolvency this year.

28 June 2023

“When I rest, I carry heavy rocks”: an interview with Judge Daniel Carnio Costa

São Paulo bankruptcy judge and co-chair of the International Insolvency Institute’s judicial committee Judge Daniel Carnio Costa tells GRR about his central role in helping reform Brazil’s bankruptcy law, new tools he would like to see added to the statute book and how time spent studying in the US and Europe helped shape his innovative approach to restructuring.

23 June 2023

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