Regional news: North America
AlixPartners strengthens globally
AlixPartners has announced seven promotions across its restructuring group in the US and Europe, and hired McKinsey & Co partner Karsten Lafrenz in Germany.
14 January 2021
Hemp-related products company’s Chapter 11 dismissed in Colorado
A US producer of hemp-related CBD products has had its Chapter 11 case thrown out in Colorado, following government concerns about the status of its intellectual property licensing business under federal law.
14 January 2021
Petra Diamonds’ English scheme sanctioned after foreign recognition assured
A subsidiary of Bermuda-incorporated, Jersey-headquartered miner Petra Diamonds has had its English scheme sanctioned, with the judge assuming it could be recognised in the EU since the proceedings were commenced before the UK’s Brexit transition period closed.
12 January 2021
Womenswear retailer denied covid-19 rent relief in Canada
Canadian womenswear retailer Groupe Dynamite has failed to secure relief from a Montreal court on rent accrued after filing CCAA proceedings, despite the closure of its stores due to covid-19.
11 January 2021
US community round-up: Armstrong Teasdale, Jones Walker and Sheppard Mullin make hires
Missouri-headquartered Armstrong Teasdale has announced plans to open an office in Delaware with a four-partner hire from Elliott Greenleaf, while Jones Walker has added a bankruptcy litigator in Atlanta and Sheppard Mullin has snapped up a debt finance partner from Hogan Lovells in Los Angeles.
08 January 2021
Alita DOCA temporarily blocked over mine sale
The administrators of Singapore-listed lithium miner Alita Resources have been blocked from effectuating a deed of company arrangement, pending a dispute over a sale process they oversaw for a mothballed mine in Western Australia.
07 January 2021
Chapter 15: Hertz seeks US recognition, as drain tech co secures stay
Car rental group Hertz has sought US recognition of an English scheme of arrangement with help from Richards Layton & Finger and White & Case; while the UK administrators of a drainage technology company have secured an emergency stay on US litigation.
07 January 2021
DLA Piper hires in Canada
DLA Piper has hired Jerritt Pawlyk, a former partner from Alberta firm Bishop & McKenzie, in Edmonton.
07 January 2021
Stephenson Harwood restructuring chair set to join Faegre Drinker in London
Faegre Drinker Biddle & Reath is continuing its rapid growth with the hire of Stephenson Harwood’s head of restructuring Sue Moore.
05 January 2021
Harneys, Willkie Farr and Debevoise announce new year promotions
This new year promotions round has seen Harneys elevate five litigators in the British Virgin Islands, while Willkie Farr & Gallagher has appointed a new partner in New York, and Debevoise & Plimpton has made several promotions to counsel and international counsel.
05 January 2021
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