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A subsidiary of motorsport technology company McLaren Applied has agreed to buy Dutch e-bike manufacturer VanMoof out of bankruptcy, two days after the company secured a temporary Chapter 15 stay to halt an injury claim brought against a non-debtor subsidiary in New York.
31 August 2023
UPDATED: German-owned Taiwanese offshore wind project company Yunneng Wind Power has secured sanction of an English restructuring plan that will give it access to €1.7 billion in new money.
22 August 2023
A German-owned Taiwanese offshore wind project company has secured permission to hold five meetings of creditors for a Part 26A plan in the UK that could give it access to at least €1.7 billion in new funding to complete a major wind farm in Taiwanese waters.
26 July 2023
Three months after a Singapore court denied recognition of beauty products e-commerce company Ascentra’s Cayman liquidation, its foreign representatives are fighting an attempt to have its Chapter 15 recognition terminated in New York.
20 July 2023
The liquidators of a Cayman Islands beauty products e-commerce company have secured emergency relief from a New York bankruptcy court to freeze funds held in the local payment processing account of one of the company’s former clients, amid an international dispute over who owns the funds.
05 November 2021
Continuing its recent hiring spree in Asia, Alvarez & Marsal has hired Standard Chartered’s head of group special assets management in China and Taiwan.
15 December 2020
The joint trustees of Ji-Chuen Jason Tsai, a “thoroughly dishonest” bankrupt Taiwanese-British businessman, have applied for Chapter 15 recognition to track his real estate assets in the US.
14 November 2019
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
A Taiwanese businessman contesting the US$2.6 billion restructure of an offshore oil drilling group does not have a dog in the fight, a US district court judge has ruled.
26 June 2019
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