- News & Features
- Surveys & Data
- About Us
- Login | Register
A special purpose acquisition company that was delisted from Nasdaq last year has been wound up in the Cayman Islands after failing to complete a business combination with a Chilean fruits producer.
13 February 2024
A Nasdaq-listed global energy group and a failed SPAC are facing liquidation in the Cayman Islands, while international oil group Frontera has been wound up and a Grenada court has ruled that a director who was allegedly ousted from his company during an “illegal” shareholders meeting has standing to bring a winding up application against it.
17 January 2024
27 November 2023
The foreign representative of Asia-focused beauty products retailer Ascentra is facing a fresh deposition attempt in an ongoing dispute centred around whether a solvent liquidation in the Cayman Islands can be recognised under Chapter 15.
12 September 2023
A global investment manager is being sued for the second time in three years for allegedly implementing a “sham foreclosure sale” of a bankrupt airline's aircraft.
12 September 2023
The Irish founder of a Chilean renewable energy group and its US lenders have tentatively settled a dispute over a Chapter 11 filing in Texas as part of an ownership battle that has led to litigation worldwide.
05 September 2023
The Irish founder of a Chilean renewable energy group has moved to dismiss an “unusual” Chapter 11 petition filed by administrators purportedly appointed by its US lenders, in an escalation of an ownership dispute that has been playing out in the US, Chile, Ireland and Spain.
22 August 2023
Despite claiming the duration and complexities of its Chapter 11 case were unforeseen, South American airline LATAM has failed to convince a New York court to let it pay its investment banker PJT Partners an additional US$12 million restructuring fee if its plan becomes effective.
20 September 2022
UPDATED: Over two years after it sought Chapter 11 protection in New York, South American airline LATAM has received court approval of a restructuring plan that will facilitate the injection of about US$8 billion through a capital increase, the issuance of convertible bonds and new debt.
20 June 2022
Unlock unlimited access to all Global Restructuring Review content