Regional news: Vietnam

A Thai-owned power producer has persuaded a Singapore court to place the developer of a large project in Vietnam into judicial management, denying a request for a stay on the grounds that a disputed debt should be referred to arbitration.

24 May 2023

New York’s Judge David Jones has allowed two Japanese aircraft lessors to continue their bankruptcies, dismissing an English creditor’s claim that the companies lack any meaningful ties to the US.

03 February 2022

The chairman of global tea producer McLeod Russel India has won an appeal hearing against a National Company Law Tribunal order that placed the company into an insolvency process earlier this month.

27 August 2021

India’s National Company Law Tribunal has accepted a creditor’s corporate insolvency resolution application against the world’s largest tea grower, after the company defaulted on a loan agreement.

09 August 2021

Featured in Covid-19 calls

John Marsden, Mayer Brown partner in Hong Kong and managing partner of the firm's Vietnam and Thailand offices, tells GRR that the covid-19 pandemic, unlike the global financial crisis, has given governments and financial institutions “breathing space” to evaluate which companies and industries they are going to support.

20 August 2020

Netherlands-headquartered e-commerce company Cnova has entered into a binding reorganisation agreement to sell its major Brazilian subsidiary to an affiliated local retail group, with Davis Polk & Wardwell advising the buyer.

10 August 2016