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Global helicopter services provider Bristow Group has filed for Chapter 11 protection in Texas after entering a restructuring support agreement with senior noteholders last week.
13 May 2019
Offshore firm Appleby has promoted the head of its Cayman Islands restructuring team to partner.
26 April 2019
A US appeals court has ruled that principles of international comity should not stop the trustee of Bernie Madoff’s investment firm recovering assets that he claims were fraudulently transferred to foreign feeder funds.
26 February 2019
Saudi bank Samba has asked an English appeals court to prevent the joint liquidators of Cayman-incorporated Saad Investments Company (SICL) from amending a share claw-back claim they first filed against the bank in 2013, on grounds of limitation.
12 February 2019
Offshore firm Harneys has named recently-relocated restructuring partner James Noble as the new head of its Singapore office.
01 February 2019
A New York court has closed a Chapter 15 case for the Cayman holding company of Chinese solar energy company Suntech, after its liquidators said they had wrapped up their US business.
30 January 2019
The Cayman Islands Grand Court has adjourned a winding-up petition against private equity investor Abraaj Holdings for a third time, finding the applicant had failed to identify “any immediate, tangible benefit” of an official liquidation.
09 January 2019
Offshore firm Harneys has announced the promotions of four restructuring and insolvency partners across its BVI, Cayman and Hong Kong offices.
04 January 2019
Hiring Weil Gotshal & Manges as counsel, a helicopter leasing company backed by funds of billionaire investors George Soros and Michael Dell has filed for Chapter 11 protection in New York ahead of a planned sale.
26 November 2018
A novel Cayman Islands’ scheme of arrangement that includes debtor-in-possession rescue financing has been granted Chapter 15 recognition and enforcement in the United States.
13 November 2018
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