Regional news: England
Airline roundup: LCWP acting for lessors in contentious AirAsiaX restructuring
Kuala Lumpur-based Lim Chee Wee Partnership is acting for leasing company BOC Aviation in its efforts to derail Malaysian airline AirAsia X's scheme of arrangement – while Indonesia’s Lion Air is facing a bankruptcy application and Japan’s ANA Holdings has announced a number of cost-cutting measures.
27 October 2020
Settlement clears way for oil major Noble's Chapter 11 plan
London-headquartered offshore drilling contractor Noble Corporation has settled a US$2.7 billion lawsuit with its former subsidiary, Paragon Offshore, clearing the way for its Chapter 11 restructuring.
19 October 2020
Oil driller KCA Deutag allowed to convene English scheme meeting
A court in London has convened a single meeting of creditors for a scheme of arrangement restructuring US$1.9 billion of international oil and gas drilling company KCA Deutag's debt - after asking its counsel to be cautious of increasing work fees.
15 October 2020
White & Case announces new partner promotions
Five lawyers with restructuring experience have been promoted to partners in White & Case's London, New York, Frankfurt and Paris offices, effective from January 2021.
12 October 2020
Brown Rudnick hires from Baker McKenzie in London
A former Ropes & Gray and Baker McKenzie partner with credits on the restructuring of South African retail group Steinhoff’s UK arm, has joined Brown Rudnick.
21 September 2020
Former Baker McKenzie restructuring co-head joins Greenberg Traurig
Greenberg Traurig has hired former co-head of Baker McKenzie’s global restructuring practice Ian Jack as a shareholder in its London office.
17 March 2020
DLA Piper advising as UK department store Beales collapses
DLA Piper is acting for KPMG as joint administrators of UK department store Beales, which has become the latest victim of the “tough” retail climate.
21 January 2020
Thomas Cook seeks non-main recognition of English schemes in New York
The British travel group Thomas Cook is seeking recognition of three English schemes of arrangement in New York – but as non-main proceedings to avoid an automatic stay in the US.
18 September 2019
Mozambique creditors approve Eurobond restructuring
Creditors holding most of Mozambique’s US$726.5 million outstanding Eurobond have approved the government’s debt restructuring proposals, according to the country’s finance ministry.
11 September 2019
Dame Elizabeth Gloster gives keynote at IWIRC launch in London
Former Court of Appeal judge Dame Elizabeth Gloster and veteran EY partner Alan Bloom were among the guest speakers at the official launch of the International Women’s Insolvency and Restructuring Confederation’s (IWIRC) new network in London last week.
22 June 2018
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