Advised by Kirkland & Ellis, a British private equity-owned Norwegian tour operator has restructured over €1.01 billion in combined Norwegian bonds and English-law governed loan facilities and brought in €185 million in new money to help it spin off its global expeditions business.
05 March 2024
Brazilian and international firms have helped one of Brazil’s largest chemical producers and four of its subsidiaries enter agreements with creditors led by US investment firm PIMCO for a US$781 million extrajudicial reorganisation via two plans.
26 February 2024
One of Europe’s largest returnable plastic packaging system manufacturers Shoeller Allibert has consensually refinanced debt maturing next year with help from an indirect majority shareholder advised by Kirkland and Loyens & Loeff.
14 December 2023
Ukraine’s state-owned natural gas group Naftogaz has secured the support of holders of its 2022 and 2026 Eurobonds to defer repayments, nearly a year after it reached a similar deal with holders of its Eurobonds due in 2024.
01 August 2023
A McKinsey & Company partner has joined FTI Consulting as the new leader of its Europe, Middle East and Africa turnaround group within its restructuring practice.
21 July 2023
Heirs of former employees of international flower breeding group Dümmen Orange have failed to convince a Dutch court to open an investigation into a restructuring it undertook during the pandemic that wiped them out.
18 July 2023
Less than a year after stepping down from the bench in New York, former bankruptcy judge Robert Drain has joined Skadden Arps Slate Meagher & Flom as of counsel.
13 April 2023
White & Case is forming a group of offshore debt holders affected by Chinese real estate giant Evergrande’s recently announced restructuring proposal, with plans to hold a conference call later this week.
10 April 2023
David Botter has joined Cleary Gottlieb as a partner in New York after over two decades with Akin Gump, where he advised noteholder groups in the cross-border restructurings of Aeroméxico and Nordic Aviation Capital.
10 April 2023
Firms including O’Melveny & Myers, Weil Gotshal & Manges, Simpson Thacher & Bartlett and Jones Day have revealed their latest partner promotions on both sides of the Atlantic, while two Kirkland & Ellis partners have been made fellows of the American College of Bankruptcy.
19 December 2022
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