Regional news: Philippines

Wirecard sells assets in UK, Brazil and Germany

Scandal-hit payment processor Wirecard has agreed to sell assets in the UK, Brazil and Germany, while a Munich court has accepted its parent’s administration filing and insolvency proceedings continue in Australia and New Zealand.

01 September 2020

Noerr, Kirkland and Allen & Overy advising as Wirecard files for insolvency

German payment processor and DAX-listed company Wirecard has filed for insolvency in Munich, days after German authorities arrested its former CEO over allegations he presided over one of Europe’s largest ever accounting frauds.

26 June 2020

Online grocer seeks Singapore scheme

A Silicon Valley-backed retail start-up in Singapore has announced it will pursue a scheme of arrangement for its S$248 million debt, and appointed Oon & Bazul and DHC Capital for advice.

05 August 2019

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