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Lower costs of enforcement in the US, speedier, specialised courts in Europe with a “proper” cross-border recognition regime, and Asian regulators that understand distress: a panel of investors from around the world shared their wish lists for an ideal environment to encourage the development of a global rescue financing market fit for the future.
10 August 2022
Uganda’s tax authority has been ordered to reimburse Bank of India as a secured creditor of an insolvent bottled water supplier, after it seized and disposed of some of the company’s assets to recover unpaid taxes.
01 June 2022
FTI Consulting has hired a team of restructuring professionals from global consulting firm Protiviti, but lost another to Crowe Cayman.
07 January 2022
After completing an Irish scheme of arrangement last year, aircraft leasing company Nordic Aviation Capital (NAC) has filed a pre-arranged Chapter 11 in the US that will see its largest creditors take it over.
21 December 2021
Interpath Advisory has hired a managing director with experience working on the liquidation of British travel agent Thomas Cook and the restructuring of Chinese solar-parts manufacturer LDK Solar Co.
25 November 2021
A New York bankruptcy court has recognised the Israeli insolvency proceedings of investment company EGFE Israel and its CEO – a “wanted” alleged fraudster who is suspected to be behind one of the largest Ponzi schemes in Israeli history.
03 November 2021
The International Women's Insolvency and Restructuring Confederation has named Mamta Binani, who oversaw the first resolution under India’s Insolvency and Bankruptcy Code, as its fourth Asia Women of the Year in Restructuring – two days after it launched a new network in Indonesia.
22 September 2021
The Texan trustee of a discharged bankrupt now suspected of possible bankruptcy fraud with his brother, is using the UK’s cross-border insolvency law to try to access a London Thameside property.
28 July 2020
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