Insolvency

Singapore and Malaysia implement cooperation protocol

Singaporean and Malaysian lawyers have welcomed a “ground-breaking” new protocol on court-to-court communication and cooperation in cross-border insolvency matters between the two countries.

15 October 2021

Kirkland advising as international tech provider enters restructuring agreement

International network solutions provider Riverbed Technology has brought in Kirkland & Ellis, Alix Partners and GLC Advisors to advise on a restructuring that is set to see investors led by private equity fund Apollo Global Management take ownership of the company.

14 October 2021

Baker McKenzie recruits insolvency head in Madrid

Baker McKenzie has hired the former head of DA Lawyers’ restructuring practice to lead its own insolvency offering in Madrid.

13 October 2021

Lehman Brothers’ sub-debt appeal continues with guarantor question

UPDATED: Lehman Brothers’ US parent has given evidence on the fourth day of an ongoing appeal against a landmark British court decision made last year, with arguments challenging the effect that a guarantor’s payment has on a creditor's ability to claim against a debtor.

07 October 2021

Insolvency forum shopping and the case of Investin

Partner Stephen Alexander and associate Stephan Venter at Mourant in Jersey examine the growing practice of insolvency forum shopping and explain how Jersey’s Royal Court approached the subject in the recent Investin case.

04 October 2021

UK energy collapses continue as firms get more mandates

Another three UK energy providers have ceased to trade, with Alvarez & Marsal and Womble Bond Dickinson winning yet more appointments.

30 September 2021

English court recognises Ukrainian banker’s insolvency, issues bankruptcy order

After finding a banker with an “international lifestyle” had his centre of main interests in Ukraine when he initiated insolvency proceedings there in 2019, an English court has granted recognition to the trustee of his estate and made a separate bankruptcy order against him in the UK.

29 September 2021

Modernland seeks US recognition to cement Singaporean schemes

Indonesian real estate group Modernland Realty has sought New York recognition of its Singaporean schemes of arrangement to block potential lawsuits against the group in the US.

28 September 2021

III announces new NextGen members

The International Insolvency Institute  has announced the 21 “rising stars” that make up its latest NextGen leadership program intake – including 13 private practice lawyers, six academics and an adviser from EY in China.

28 September 2021

Community round-up: advisory firms make hires across Europe and US

US-headquartered advisory firm Ankura Consulting has launched a new European restructuring practice with several hires, including the former co-heads of EY’s European restructuring group and AlixPartners’ UK turnaround practice – while B Riley and Alvarez & Marsal have added new faces in the US and London.

27 September 2021

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