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Swiss snack machine operator Selecta is set to launch an English scheme of arrangement to restructure its New York law-governed notes, with Kirkland & Ellis guiding the company and Latham & Watkins advising noteholders.
18 September 2020
Rejecting protests from noteholders, a New York court has given the Switzerland-incorporated offshore drilling contractor Transocean approval to continue with a disputed exchange offer to restructure US$2 billion of its US$9 billion debt pile.
07 September 2020
An English court has issued a winding-up order against a Maltese-registered oil company, after finding its centre of main interests was in the UK rather than its place of registration by default.
17 August 2020
A former Baker McKenzie and Deloitte practitioner has co-founded a new cross-border restructuring boutique focused on special situations and transactions in Switzerland, China and Singapore.
12 August 2020
Chinese-owned aviation services company Swissport has won Chapter 15 recognition of its English scheme in Delaware, which has now become effective.
07 July 2020
Alvarez & Marsal has hired former KPMG director Alessandro Farsaci to build and lead its new restructuring practice in Switzerland.
01 July 2020
A British Virgin Islands judge has suggested that a Swiss bankruptcy administrator behaved inappropriately by allegedly refusing to accept service of an application to appoint liquidators over a Swiss holding company.
24 January 2020
Advised by Freshfields Bruckhaus Deringer and Alvarez & Marsal, Belgian zinc smelting company Nyrstar is restructuring its €2.6 billion debt through an English scheme of arrangement and recognition in New York.
10 July 2019
Irish oilfield services group Weatherford International has filed for Chapter 11 protection in a Texas bankruptcy court aiming to cut down its US$8.35 billion debt through a pre-packaged plan that envisages parallel proceedings in Ireland and Bermuda.
04 July 2019
Edward Davis and Annette Escobar, of Sequor Law in Miami, discuss a massive Ponzi scheme in Chile involving the execution of asset recovery and cross-border recognition tools in multiple jurisdictions.
17 September 2018
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