Regional news: Australia

Community round-up: lateral hires and promotions in Canada, UK, Australia and Isle of Man

Firms in Canada, Isle of Man, Melbourne and London have announced hires in recent weeks, while a leading magic circle firm has promoted a new restructuring lawyer.

26 April 2017

Regulatory roundup: new UK Insolvency Rules enter into force

A thorough overhaul of the UK’s procedural framework for insolvency becomes effective this week against a lukewarm reception, while the Australian government has updated proposed reforms to its insolvency regime taking account of a consultation last year.

05 April 2017

Ernst & Young gains partners from PPB Advisory in Australia

Ernst & Young’s Australian arm has announced the hire of two partners who left professional services firm PPB Advisory in Sydney last month.

22 March 2017

Client retainer not sufficient for Chapter 15 jurisdiction, says California court

A California court has dismissed Australian coal miner Forge Group’s Chapter 15 case, ruling that a “dwindling” retainer held by its counsel was insufficient property in the US to justify a stay of proceedings.

20 March 2017

Australian court approves miner’s scheme after Chapter 15 recognition granted

An Australian court has approved the scheme of arrangement of mining equipment supplier Emeco Holdings, paving the way for a New York court to give the deal “final force and recognition” in the company’s Chapter 15 proceedings.

15 March 2017

Helicopter group set for Cayman relaunch after Texas court approves global plan

A Texas bankruptcy court has sanctioned a global restructuring plan for helicopter group CHC, clearing the path for the group to close proceedings in the US, Canada and the Cayman Islands in a matter of weeks.

07 March 2017

Regulatory roundup: pre-insolvency predominates

January saw reforms to insolvency frameworks in a range of jurisdictions, including pre-insolvency mechanisms in Panama and Bulgaria and a stricter line on company liquidity in Bosnia and Herzegovina.

02 February 2017

Deloitte poaches partner from KordaMentha in Sydney

Big Four accounting firm Deloitte has recruited Janna Robertson as a new partner in its Sydney restructuring services team.

01 February 2017

Ashurst partner to join Clayton Utz in Sydney

Australian firm Clayton Utz has recruited Ashurst restructuring partner Timothy Sackar in Sydney.

31 January 2017

DibbsBarker adds Corrs restructuring partner in Melbourne practice launch

Australian firm DibbsBarker has recruited restructuring expert John Stragalinos from Corrs Chambers Westgarth to help lead its new Melbourne branch.

12 December 2016

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