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A Bermudian court has appointed light-touch provisional liquidators over a locally incorporated paper company and asked a Hong Kong court for assistance, amid a potential investigation into auditing issues at the company.
27 July 2020
Creditors of Bermuda-registered mining company African Minerals have voted to approve its English scheme to resolve a creditor conflict about claims the company may bring against China’s Shandong Iron and Steel Group.
21 July 2020
A Bermudian court has discharged the recognition of a UK-appointed liquidator, affirming rules on gathering information for foreign lawsuits laid out by the Privy Council in its 2014 Singularis decision.
17 July 2020
The High Court of New Zealand has halted a bankruptcy application against a Chinese former director of local construction company Mainzeal, pending his appeal of a multi-million dollar breach of duties judgment.
17 July 2020
African Minerals, a Bermuda-registered mining company in administration in the UK, has won court approval to hold a scheme meeting to help it resolve a creditor conflict about whether it should pursue claims against a Chinese steel group.
29 June 2020
The Supreme Court of Bermuda has appointed “light touch” administrators over Hong Kong-listed commodity trader Agritrade Resources (ARL), and asked courts in Singapore and Hong Kong to recognise the decision.
18 June 2020
A Hong Kong judge has criticised a Chinese cinema group that tried to restructure its debts in a “piecemeal” way in the Mainland without including its Hong Kong-listed holding company.
02 June 2020
A New York court has granted emergency Chapter 15 relief to a Bermudan property developer that defaulted on two tranches of loans backed by the territory’s government.
31 March 2020
In the latest in GRR’s Unpacked series, the practitioners tasked with solving a US$3.5 billion multi-jurisdictional puzzle discuss how frustrated shareholders, regulatory interventions and a disgruntled ex-employee’s blog made Noble’s restructuring one for the ages.
20 February 2020
A Bermuda court has terminated the “light touch” provisional liquidation of construction group Hsin Chong Group Holdings after determining that the key benefit of its restructuring “no longer exists”.
19 February 2020
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