Regional news: North America

Latham hires from O’Melveny again

The chair of O’Melveny & Myers’ US restructuring practice Suzzanne Uhland has joined Latham & Watkins as a partner in New York.

28 April 2020

US Trustee wins fee dispute against MF Global and SunEdison

Derivatives broker MF Global and energy company SunEdison have lost the first round of a fight with the US Trustee, after two New York bankruptcy judges found that increases to the trustee’s fees are constitutional and apply to pending cases.

27 April 2020

McDermott recruits two from DLA Piper

McDermott Will & Emery has hired a pair of restructuring partners from DLA Piper in Florida and Delaware.

14 April 2020

PwC hires Cole Schotz partner in New York

Cole Schotz partner Jill Bienstock has moved to Big Four advisory firm PwC as a director in its business recovery services team in New York.

09 April 2020

Cannabis producer files CCAA after class actions commenced in US and Canada

A Canadian cannabis producer and its subsidiaries have filed CCAA proceedings in Ontario, after multiple securities class actions were brought against the company in Canada and the United States.

08 April 2020

Thai-owned upscale grocery store files Chapter 11, requests CROs

A Thai-owned gourmet food retailer that shuttered its shops last year has filed for Chapter 11 protection in New York and taken the unusual step of asking the court for approval to appoint chief restructuring officers.

02 April 2020

Government-backed Bermudan property developer obtains stay in New York

A New York court has granted emergency Chapter 15 relief to a Bermudan property developer that defaulted on two tranches of loans backed by the territory’s government.

31 March 2020

Oil and gas fund speeds through Chapter 11 proceedings in under 28 hours

A Texas bankruptcy court has approved a pre-packed debt-for-equity swap for an oil and gas investment group.

27 March 2020

Asset recovery column: emerging minority view on delivery of subpoenas under FRCP 45

Sequor Law shareholder Leyza Blanco and attorney Daniel Coyle in Miami discuss the emerging trend in US federal and bankruptcy courts regarding service of subpoenas under rule 45(b)(1) of the Federal Rules of Civil Procedure.

25 March 2020

Malaysian steel maker seeks US injunction following English recognition

The foreign representative of a Malaysian steel maker is seeking Chapter 15 protection in California to block an attachment claim, weeks after an English court granted similar relief.

20 March 2020

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