Features

Harneys’ counsel Grainne King and partners Julie Engwirda, Vicky Lord and Jonathan Addo discuss a recent ruling in the English Court of Appeal, which set out guidelines to establish when it is appropriate to impose personal liability on directors or shareholders of insolvent companies for costs incurred in unsuccessful litigation.

14 September 2021

Writing exclusively for GRR, Debra Grassgreen, president of the International Insolvency Institute and senior partner at Pachulski, Stang, Ziehl & Jones in San Francisco, and Scott Atkins, president of INSOL International and Australian chair/ head of risk advisory at Norton Rose Fulbright in Sydney, make a case for why mediation has an important role to play in global restructuring reform going forward.

10 September 2021

Preference claims are on the rise in many financial centres across the globe and many are linking this to the impact of the global pandemic. Stephen Alexander, a partner at Mourant Ozannes in Jersey, asks whether the impact of the pandemic may be a defence to such preference claims – and if so, how?

06 September 2021

Partner and head of Grant Thornton’s Africa insolvency & asset recovery offering Amaechi Nsofor speaks to GRR about the challenges of enforcing securities and judgments in Africa, why he expects creditors with assets in the region to turn to funding solutions, and how Grant Thornton’s asset recovery fund represents a "first mover" advantage.

29 July 2021

With the deadline for domestic transposition of the European Restructuring Directive having passed this weekend, McDermott Will & Emery partner Timothée Gagnepain and associate Lucille Madariaga in Paris discuss how it has been eagerly awaited – and yet is likely to be postponed for at least a year – in most EU member states.

19 July 2021

Featured in Heads-Up

“The development of Singapore into an Asian restructuring hub needs time. We have all the tools necessary to get there, but you need to give us time to develop.” Chong Yee Leong, head of Allen & Gledhill’s restructuring & insolvency practice and co-head of its international arbitration practice, discusses the highs and lows Singapore has faced as it presses on with its bid to become a restructuring hub, and compares them to some of the lessons learned from its 30-year journey to becoming a popular seat for international arbitrations.

08 July 2021

Featured in Heads-Up

“The international work is polarising into a small number of players, none of which include the Big Four.” Alvarez & Marsal’s European leader Richard Fleming and UK head Mark Firmin discuss the firm’s expansion amid reform at the Big Four; as well as covid, Brexit, why landlords have had their heads in the sand for too long, and the rise of the UK restructuring plan.

18 June 2021

Cross-border recognition of schemes of arrangement is only available where legislated for, note Harneys Asia managing partner Ian Mann, global head of restructuring Chai Ridgers, and senior associate Katherine McMenamin: in the meantime, parallel schemes are the safest course to de-risking a restructuring.

21 May 2021

Against the backdrop of the covid-19 pandemic and soon-to-be-rescinded government support schemes, local principal Emmanuel Chua and associate Shriram Jayakumar at Baker & McKenzie Wong & Leow in Singapore discuss three key trends to look for in the "new normal".

20 May 2021

RPC’s Paul Bagon, Will Beck and Kate Watson consider the alternative avenues for recognition of schemes in the EU following a setback in the UK’s bid to join the Lugano Convention – and discuss the broader landscape for international recognition of insolvency proceedings after Brexit.

11 May 2021