News

Womenswear retailer denied covid-19 rent relief in Canada

Canadian womenswear retailer Groupe Dynamite has failed to secure relief from a Montreal court on rent accrued after filing CCAA proceedings, despite the closure of its stores due to covid-19.

11 January 2021

Community roundup: Hires at Jeantet, White & Case and GÖRG

Updated: European firm Jeantet has established a restructuring practice with a four-lawyer team from France's Fidal in Paris; while White & Case has hired from Clifford Chance in Japan and GÖRG from Anchor Rechtsanwälte in Germany.

11 January 2021

Property lobby complains of CVA “abuse” as landlords challenge Caffè Nero

A British property organisation has urged the UK government to overhaul company voluntary arrangements, as Kirkland & Ellis was revealed to be advising on a challenge to British coffee chain Caffè Nero’s use of the procedure.

08 January 2021

US community round-up: Armstrong Teasdale, Jones Walker and Sheppard Mullin make hires

Missouri-headquartered Armstrong Teasdale has announced plans to open an office in Delaware with a four-partner hire from Elliott Greenleaf, while Jones Walker has added a bankruptcy litigator in Atlanta and Sheppard Mullin has snapped up a debt finance partner from Hogan Lovells in Los Angeles.

08 January 2021

Quantuma acquires new Cayman firm

UK-headquartered Quantuma has acquired a Cayman Islands-based advisory firm recently founded by asset recovery specialist Angela Barkhouse, stating it wants to replicate its past success expanding internationally in Cyprus and Mauritius.

07 January 2021

Alita DOCA temporarily blocked over mine sale

The administrators of Singapore-listed lithium miner Alita Resources have been blocked from effectuating a deed of company arrangement, pending a dispute over a sale process they oversaw for a mothballed mine in Western Australia.

07 January 2021

Chapter 15: Hertz seeks US recognition, as drain tech co secures stay

Car rental group Hertz has sought US recognition of an English scheme of arrangement with help from Richards Layton & Finger and White & Case; while the UK administrators of a drainage technology company have secured an emergency stay on US litigation.

07 January 2021

DLA Piper hires in Canada

DLA Piper has hired Jerritt Pawlyk, a former partner from Alberta firm Bishop & McKenzie, in Edmonton.

07 January 2021

Hard Brexit for UK insolvencies

After over four years of negotiations, the UK and the European Union last week signed a trade agreement to help govern their future relationship – but lawyers have voiced concerns about the complete absence of insolvency cooperation provisions.

06 January 2021

First “persons unknown” injunction granted in Malaysia

In the first reported judgment of its kind in Southeast Asia, a Malaysian court has granted a Mareva injunction to help a German chemical company recover funds from an unknown international fraudster.

06 January 2021

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