News
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
Stephenson Harwood restructuring chair set to join Faegre Drinker in London
Faegre Drinker Biddle & Reath is continuing its rapid growth with the hire of Stephenson Harwood’s head of restructuring Sue Moore.
05 January 2021
Creditors block global oil group’s Singapore scheme
A global oil group has failed to secure creditor approval for a scheme of arrangement in Singapore, which would have helped it restructure over US$200 million of debt.
05 January 2021
Harneys, Willkie Farr and Debevoise announce new year promotions
This new year promotions round has seen Harneys elevate five litigators in the British Virgin Islands, while Willkie Farr & Gallagher has appointed a new partner in New York, and Debevoise & Plimpton has made several promotions to counsel and international counsel.
05 January 2021
Singapore Mareva injunction upheld against Cayman holding company
A Singapore court has upheld a Mareva injunction issued against a Cayman holding company and its Canadian director, rejecting challenges to its jurisdiction over a foreign law dispute.
04 January 2021
Takata class action settlement approved in Canada
More than two years after Japanese auto parts company Takata exited bankruptcy in the US and Japan, car manufacturers that used its faulty air bags have reached a settlement with class action plaintiffs in Canada.
04 January 2021
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