Features

Lamtex decision could be “watershed moment” for Hong Kong

James Wood of Denis Chang’s Chambers discusses the recent Lamtex decision that saw a Hong Kong winding-up order issued against a Bermudian company in “soft-touch” provisional liquidation, and says it could result in Hong Kong courts exercising insolvency jurisdiction over offshore companies to a far greater extent than in recent years.

07 May 2021

The just and equitable winding up jurisdiction in Jersey: loss of substratum

Partner Stephen Alexander and Chazha Hick at Mourant in Jersey consider the case law setting out the circumstances in which local courts can wind up companies on just and equitable grounds, where the company’s original purpose can no longer be pursued.

03 May 2021

Pre-pack framework heralds next phase of India’s bankruptcy evolution

“Crisis creates an opportunity for reforms.” EY partner Pulkit Gupta and senior associate Utkarsh Goel discuss the flexibility of India’s new pre-pack framework, which they say could prove invaluable in helping to deal with an expected wave of covid-related distress in the coming months.

30 April 2021

ABLI & INSOL: Is Singapore a good alternative for Indonesian companies?

Lawyers from Singapore and Indonesia compared the pros and cons of their jurisdictions for international restructurings featuring Indonesian companies, at a webinar organised by the Asian Business Law Institute and INSOL International.

30 March 2021

The rise in debt for equity swaps structured through Jersey

Partner Bruce MacNeil and managing associate James Lydeard at Ogier observe what makes the use of Jersey-incorporated acquisition and holding vehicles attractive for international restructuring transactions featuring debt for equity swaps, amid the emergence of a growing trend.

26 March 2021

Covid-19 Calls: Ashley Katz and Mandip Englund at Fried Frank in London

Featured in Covid-19 calls

Fried Frank restructuring and insolvency partners Ashley Katz and Mandip Englund give their views on the UK’s new pre-pack regulations and why a clear plan is needed to save businesses when an “artificial and unsustainable” bubble created by government support packages bursts.

22 March 2021

Extension of commercial forfeiture moratorium – unlikely to turn the tide?

While the government has extended its protections for commercial tenants once more, partner Roger Schofield, counsel Katharina Crinson and associate Nicholas Cooper at Freshfields Bruckhaus Deringer in London say it’s a matter of “when” not “if” the UK will see more CVAs – and potentially restructuring plans – targeting rental obligations.

18 March 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

Impact of the recent Gategroup decision on aviation restructurings

Allen & Overy partner Jennifer Marshall and associate Harini Viswanathan consider what the Gategroup convening judgment that found UK restructuring plans to be an “insolvency proceeding” for the purposes of the Lugano Convention means for the aviation sector – especially creditors with registered interests under the Cape Town Convention.

12 March 2021

BVI court issues “groundbreaking” committal order against extraterritorial debtor

Earlier this year, the BVI Commercial Court delivered its first ever written judgment on whether jurisdiction exists to make a committal order against a personal judgment debtor who is not domiciled or resident in the BVI. Kobre & Kim's John HanMerrick Watson and Timothy de Swardt explain how the ruling came about and how significant it is for the territory.

09 March 2021

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