Regional news: Australia

Spanish-owned mining manufacturer slapped with freezing order in Australia

A Spanish-owned industrial equipment manufacturer embroiled in an arbitration with Samsung in Singapore has been slapped with a freezing order to prevent it removing assets from Australia.

10 May 2018

HopgoodGanim hires MinterEllison trio in Perth

Veteran insolvency partner Leith Ayres has left international firm MinterEllison for HopgoodGanim Lawyers in Perth, along with two of his junior colleagues.

29 March 2018

Carey Olsen launches operations in Bermuda

A new law firm has launched in Bermuda, in association with offshore group Carey Olsen - with recent recruit Keith Robinson leading the restructuring and insolvency practice.

26 February 2018

Chilean liquidator in alleged Ponzi case recognised in Australia

An Australian court has become the latest to recognise Chilean liquidation proceedings in what is alleged to be the South American state’s first major Ponzi scheme dismantling, following courts in the US, UK and Isle of Man.

13 February 2018

Baker McKenzie hires former Ashurst managing partner in Brisbane

Baker McKenzie has added John Lobban as an of counsel in its Brisbane restructuring and insolvency team.

19 October 2017

DibbsBarker recruits from Henry Davis York in Brisbane

Australia’s DibbsBarker has added Brisbane-based Ben Shaw as a partner in its banking, insolvency and disputes team.

12 October 2017

Community roundup: Gibson Dunn poaches Ashurst partner in Munich

In recent weeks, international firms have shaken up their restructuring teams with new hires and promotions, an insolvency specialist has been appointed to the Canadian bar, and regional firms in the UK have expanded in anticipation of business upsets on the back of political uncertainty.

21 July 2017

Emeco Holdings emerges from Chapter 15 in New York

Australian-incorporated mining equipment supplier Emeco Holdings has exited its Chapter 15 proceedings in New York, two and a half months after a Sydney bankruptcy court sanctioned the company’s revised scheme of arrangement.

07 June 2017

Liquidators of alleged Australian-Israeli tax evasion scheme seek US relief

The liquidators of four companies alleged to have been used to conceal the wealth amassed by an Australian family through a lucrative juice business have sought assistance from US courts under Chapter 15.

15 May 2017

Global mining group faces battle for Chapter 15 recognition of Australian schemes

One of the world’s largest minerals drilling companies has applied for US recognition of its Australian insolvency proceedings, but faces opposition from a creditor who says that the company and investors conspired to force through a restructuring plan.

03 May 2017

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