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European law firm Fieldfisher has launched a new office in Amsterdam with five partners from Dutch firm Kennedy Van der Laan.
24 February 2017
Judges in the Netherlands have refused to convert preliminary insolvency proceedings for local affiliates of Brazilian telecoms company Oi into bankruptcy cases, while the company’s major shareholder has vowed to shun all alternative restructuring plans put forward by bondholders and third party investors in Brazil.
07 February 2017
Ukranian steelmaker Metinvest has secured permission from an English court to host a creditor vote on what is its third scheme of arrangement for the implementation of a restructuring plan – and has made a parallel US Chapter 15 filing to protect its US assets while the final hurdles are cleared.
18 January 2017
The Dutch administrators of Brazilian telecoms company Oi have filed bankruptcy proceedings for the group's local arms in an Amsterdam court, as rifts between bondholders and intervention from government authorities delay its Brazilian judicial reorganisation.
07 December 2016
A UK court has ordered creditors to Ukrainian miner DTEK to vote on the group’s second scheme of arrangement in less than two years, as it struggles to recover from physical and financial damage caused by ongoing war in its homeland.
06 December 2016
In 2014, Eastern Europe’s largest coal miner completed a complex cross-border restructuring by shifting its centre of main interest to London to utilise an English scheme of arrangement; two years later a Czech court has ruled that the deal was unfair, allowing its chief subsidiary to sue the company for close to US$1 billion.
16 November 2016
Morrison & Foerster and Brazilian firm Felsberg Advogados are working on an alternative restructuring plan for Brazilian Telecoms company Oi, along with São Paulo–based consultancy Integra Associados, and New York investment banking boutique ACGM.
19 August 2016
Netherlands-headquartered e-commerce company Cnova has entered into a binding reorganisation agreement to sell its major Brazilian subsidiary to an affiliated local retail group, with Davis Polk & Wardwell advising the buyer.
10 August 2016
A Netherlands court has for the first time recognised insolvency proceedings pending in India, bringing a Dutch insolvency practitioner a step closer to pursuing a claim against the Indian debtor.
09 August 2016
A New York court has granted interim provisional stays to prevent disruption to the bankruptcy proceedings of global engineering group Isolux Corsan in Amsterdam and Madrid.
04 August 2016
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