Heads-Up: Jifree Cader and Mark Knight at Sidley Austin in London

The co-heads of Sidley Austin’s London restructuring group discuss their high-profile work on Chinese real estate restructurings, the recent back-and-forth between US and Hong Kong courts over the Gibbs rule, and how the UK’s new cross-class cramdown tool will allow sponsors to “game the capital structure” and play creditors off against each other.