Financial restructuring

Katten bolsters practice in Chicago and Dallas

Katten Muchin Rosenman has expanded in Chicago and Dallas, hiring the co-chair of Fox Rothschild’s bankruptcy litigation practice, and a partner from Akerman.

03 September 2020

Arnold & Porter hires from Proskauer Rose in New York

Arnold & Porter has added a new partner in New York with credits on the Puerto Rico restructuring and MF Global bankruptcy.

03 September 2020

Mayer Brown hires partner from K&L Gates in London

The former EMEA practice group coordinator for K&L Gates’ restructuring and insolvency group has joined Mayer Brown in London, continuing the firm’s recent hiring spree.

02 September 2020

Hema scheme approved in England

The High Court in London has sanctioned Dutch retailer Hema’s English scheme of arrangement, allowing it to restructure €600 million of senior secured notes as part of a comprehensive, multi-jurisdictional financial restructuring.

24 August 2020

Campbells hires new managing partner in Hong Kong

Offshore law firm Campbells has hired Shaun Folpp from Mourant to take over the management of its Hong Kong office.

21 August 2020

Malaysian-controlled cruise ship operator seeks restructuring

Kirkland & Ellis and PJT Partners are advising Malaysian-controlled cruise ship operator Genting Hong Kong, which is pursuing an “holistic debt restructuring” after halting payments on its US$3.37 billion debt pile.

21 August 2020

Quinn Emanuel and Kirkland advising as NMC plans administration in Abu Dhabi

Scandal-hit UAE hospital operator NMC Healthcare is planning to file for administration in Abu Dhabi’s financial free zone, four months after its London-listed holding company entered administration in England.

20 August 2020

World’s largest offshore rig owner files Chapter 11 with Kirkland and Slaughters advising

London-incorporated offshore drilling contractor Valaris has filed Chapter 11 proceedings in Texas to deal with its US$7 billion debt pile, with plans to launch at least one parallel process in the UK.

20 August 2020

Premier Oil plots UK restructuring plans following creditor deal

Oil and gas provider Premier Oil is planning to pursue UK restructuring plans, after a subset of its creditors agreed to refinance US$2.9 billion worth of debt facilities.

20 August 2020

Curtis restructuring chair moves to Dentons in New York

Dentons has hired the chair of Curtis Mallet-Prevost Colt & Mosle’s restructuring group as a partner in New York.

19 August 2020

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