News

Former Tauil & Chequer Advogados partner Leonardo Morato has launched a new Brazilian restructuring boutique and entered an alliance with São Paulo real estate firm DMBoulos Advogados.

01 April 2021

Shearman & Sterling is expanding in London two months after rehiring a former Lehman Brothers managing director to chair its New York financial restructuring and insolvency group.

31 March 2021

Mr Justice Zacaroli has issued his reasons for sanctioning gategroup’s UK restructuring plan, in the face of an “artificial” forum shopping structure and questions over whether English law could vary rights between non-assenting creditors and foreign third parties.

31 March 2021

Sequor Law has helped the English trustees of an Omani citizen secure interim recognition in Florida and is advising the Cayman liquidators of a segregated portfolio company on a recognition request in the same state – while a separate set of Cayman liquidators are seeking similar relief in New York.

31 March 2021

Brazilian financial group Piemonte has acquired five data centres from Oi with assistance from Pinheiro Neto Advogados, marking the telecoms company’s first divestment under its judicial restructuring.

31 March 2021

White & Case is advising a group of bondholders who have filed a suit against the Argentine province of Buenos Aires over its continuing defaults, while Holland & Knight and DLA Piper have helped the province of Jujuy restructure US$210 million worth of foreign debt.

31 March 2021

Greensill’s Asia arm has entered provisional liquidation in Singapore, following the finance group’s UK and Australian administration proceedings, German insolvency filing and US Chapter 11.

30 March 2021

Africa’s Smile Telecoms Holdings has had its UK restructuring plan sanctioned after a judge found it had fixed “the last piece of the jigsaw”: a third party whose exercise of a put option had given it the discretion on whether the plan came into effect.

30 March 2021

Hotel portfolio owner Eagle Hospitality Trust is battling to prevent a Delaware court from dismissing Chapter 11 cases filed by its Singaporean affiliates, while part of the group has entered liquidation in Singapore.

30 March 2021

Lawyers from Singapore and Indonesia compared the pros and cons of their jurisdictions for international restructurings featuring Indonesian companies, at a webinar organised by the Asian Business Law Institute and INSOL International.

30 March 2021