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The International Women’s Insolvency & Restructuring Confederation has launched its 50th network across the globe with the opening of a new chapter in Mexico.
01 December 2021
An attempt by a Chinese liquor distributer to appoint joint provisional liquidators in the Cayman Islands has been frustrated after a local court raised comity concerns over separate Hong Kong winding up proceedings.
26 November 2021
McKinsey & Company has agreed to pay US$18 million to settle claims it failed to fully prevent the risk of insider trading in relation to investments in clients for which the firm also acted as a consultant – including bankrupt energy group SunEdison and Puerto Rico.
24 November 2021
A Shanghai business school has failed to secure a winding up order against its academic resource publisher, after a Hong Kong court stayed its petition pending the outcome of an arbitration.
24 November 2021
The operator of an incomplete Chilean hydroelectric project, which plans to turn melted snow from the Andes mountains into electricity, has filed pre-packaged Chapter 11 proceedings blaming reduced snow fall over the past decade.
18 November 2021
Latin American finance group Alpha Latam Management has secured court approval for a sale of its Colombian assets, three months after accounting errors at its Mexican arm led it to file for Chapter 11 protection.
17 November 2021
Robin Dicker QC, a leading light of the English bar who worked on almost all the UK's major corporate restructurings of the last three decades, has died after a short illness.
16 November 2021
The new managing partner of Dentons’ British Virgin Islands office tells GRR the firm is keeping a close eye on developments in the Chinese real estate market and is primed to make use of its extensive network in the region.
15 November 2021
A Bermudian ship insurer pursued by the US Department of Justice for environmental damages has asked a Cayman Islands court to wind up oil tanker owner Margara, 15 years after one of its vessels caused damage to a coral reef off the coast of Puerto Rico.
12 November 2021
After claiming Chinese property group Evergrande missed payments on three bonds yesterday, German investor DMSA Deutsche MarktScreening Agentur says it is preparing to issue bankruptcy proceedings – but Evergrande’s financial adviser tells GRR that payments have been made.
11 November 2021
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