Features

Featured in Covid-19 calls

"Economic downturns tend to expose companies that have been run fraudulently and in the BVI we tend to see an increase of those cases in the wake of financial shocks". Carey Olsen’s London-based British Virgin Islands partner Richard Brown tells GRR that he expects the fallout from covid-19 to uncover some Ponzi schemes in the coming months.

30 April 2020

Francis Kean, partner at specialist insurance broker McGill and Partners, examines some of the traps into which directors of potentially insolvent companies can fall when it comes to seeking personal liability protection from their directors and officers liability insurance programmes.

29 April 2020

Supriyo Ranjan Mahapatra, an associate with Trilegal in New Delhi, discusses recent changes made to the Indian Bankruptcy Code 2016 to protect businesses during the pandemic, and suggests ways that resolution applicants can tackle some of the concerns they currently face – from adding force majeure clauses to resolution plans to renegotiating plans on the basis of revised asset valuations.

24 April 2020

Featured in Covid-19 calls

“It is quite plain that we are not going to go back to anything like where we were two months ago.” Pinsent Masons partner Nick Pike tells GRR why he thinks consumer demand will take years to recover from the covid-19 crisis, how the UK government’s emergency measures have staved off an immediate wave of insolvencies, and why working from home might become the new normal.

24 April 2020

Howard Morris, head of business restructuring and insolvency at Morrison & Forester in London, argues we should look to the “analogue” tools of yesteryear – trading administration, provisional liquidation and liquidation – to tackle the nuclear winter that’s set to follow the coronavirus’ economic impact. These tools don’t have to be a death knell for businesses, he says: they can offer shelter and survival.

22 April 2020

Featured in Covid-19 calls

“While our clients are obviously interested in maximising returns for investors, they are also respectful of the fact that countries like Ecuador have to address the incipient public health crisis that is presented by covid-19.” Quinn Emanuel’s Susheel Kirpalani and Dennis Hranitzky discuss the impact of the covid-19 pandemic on sovereign debt workouts in Argentina and Ecuador, and how the US response to the crisis has been marred by political enmities between federal and state governments.

21 April 2020

Featured in Covid-19 calls

“It is easy to think that things will never be the same, but history repeats itself.” Co-chair of Debevoise & Plimpton’s restructuring group Natasha Labovitz discusses the limitations stopping some businesses from accessing government relief programs, how Debevoise solicited the advice of an epidemiologist to prepare for covid-19, and why US bankruptcy courts might be some of the most innovative courts in the country.

20 April 2020

Featured in Worked Out

A list of the key names to know in the Dublin restructuring scene, from Irish law firms to international law firms and non-lawyer insolvency practitioners.

17 April 2020

Featured in Worked Out

Ireland’s economy has been buoyant in recent years and the long tide of crash-era property enforcement work is subsiding, lawyers say. But more work is on its way thanks to Brexit and multinationals looking local.

17 April 2020

Featured in Worked Out

Two recent cases show that Ireland’s restructuring regime, particularly its lesser-known scheme of arrangement, may soon get its moment to shine.

17 April 2020