Restructuring the eurozone

GRR recently met Spanish academic Ignacio Tirado, a specialist in sovereign insolvency, in Madrid’s Ritz Hotel - a venue that belies any sign of a eurozone crisis. There, the professor from the Autonomous University of Madrid discussed the the need for an international treaty on sovereign debt restructuring, as well as the pros and cons of the EU’s post-crisis financial stability mechanism.

05 February 2016

MIAMI: A pontification on the restructuring of corporate groups

Hundreds of bankruptcy judges gathered in Miami in September where they discussed, among other things, emerging ideas for the restructuring of multinational corporate groups – including why the pope could be an excellent allocator of assets.

05 February 2016

LONDON: Clash of insolvency and employment laws

A recent UK Insolvency Service report addressed a perceived clash between insolvency and employment laws: the result of a throwback directive from the predecessor to the EU. Jeremy Goldring, a partner at King & Wood Mallesons in London, discusses.

15 January 2016

IWIRC’s Woman of the Year 2015: Sheila Smith

Sheila Smith, former leader of Deloitte’s restructuring services for the Americas, was named 2015 Woman of the Year in Restructuring by the International Woman’s Insolvency and Restructuring Confederation (IWIRC) in November. She spoke to GRR about championing the promotion of women in the industry, her unusual career path – and how to hold a cocktail.

14 January 2016

MIAMI: It’s good to talk - court-to-court communication in cross-border bankruptcy proceedings

Judges from Bermuda, Ireland and the UK met their US counterparts in Miami in September to discuss the history of court-to-court cooperation in bankruptcy proceedings – with Bermuda’s “common law, common sense” approach in the absence of statutory provisions being widely praised.

14 January 2016

MIAMI: IWIRC tackles energy sector woes and public debt

Nearly 200 women in insolvency and restructuring met in Miami last autumn, where they discussed the regulatory and financing problems at the root of the beleaguered energy industry and considered whether Puerto Rico’s debt crisis could really benefit from a restructuring under Chapter 9 of the US Bankruptcy Code like Detroit’s.

14 January 2016

CAPE TOWN: Africa roundtable examines how to improve secured lending

Restoring financial sector stability through effective insolvency regimes was the theme of the 2015 Africa Roundtable organised by INSOL International and the World Bank, where discussions also focused on ways to enhance secured lending to African companies. Rick Chesley, a partner and US co-chair of the restructuring practice at DLA Piper, reports from South Africa.

14 January 2016

BERLIN: Bear Market

“Berlin is proof that something new and beautiful can arise after a collapse,” said INSOL Europe’s outgoing president, Robert van Galen of NautaDutilh, as he addressed a record number of delegates at the organisation’s annual congress in the city in October – a fitting place to host a meeting of insolvency experts as Germany prepared to celebrate the 25th anniversary of its reunification.

13 January 2016

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