Topic: Sovereign and municipal debt

GRR Live, New York: China’s debt-trap conspiracy

After two decades that have seen China become the largest bilateral lender to the world’s poorest countries, attendees at GRR Live in New York said talk of so-called “debt-trap diplomacy” is misplaced but the country needs to decide whether it wants to be isolated or part of the developed financial world.

19 October 2022

GRR Live, New York: in pictures

GRR Live returned to New York last week after a three-year break due to covid-19.

10 October 2022

Weil, White & Case advise on Ukraine sovereign debt deal

UPDATED: White & Case advised the Ukrainian government on a sovereign debt restructuring deal it reached with certain GDP warrant and bondholders last week, with Weil on the side of larger creditors.

15 August 2022

Bondholder sues Sri Lanka in US as foreign investors form creditor group

Sri Lanka is facing a US$250 million claim from a bondholder in New York who accuses the country of discriminating against US investors in its debt restructuring, after it defaulted for the first time in its history last month.

24 June 2022

US court approves historic Puerto Rico restructuring

Puerto Rico has won approval for the first territorial debt restructuring in United States history with a plan that will see the island cut its public debt by about 80% and save more than US$50 billion in debt repayments.

19 January 2022

Court keeps Bulb creditor details secret in UK’s first special energy administration

Power supplier Bulb Energy’s administrators have been allowed to keep its creditors’ details out of the public domain, weeks after it entered the UK’s first-ever energy supply company special administration.

15 December 2021

Carillion directors claim disqualification proceeding is “oppressive”

Non-executive directors of collapsed construction company Carillion have told an English court that disqualification claims brought against them are “oppressive” and evidence submitted by the UK government is “ill-founded”.

30 November 2021

Ship insurer seeks winding up of Cayman vessel owner after coral reef crash

A Bermudian ship insurer pursued by the US Department of Justice for environmental damages has asked a Cayman Islands court to wind up oil tanker owner Margara, 15 years after one of its vessels caused damage to a coral reef off the coast of Puerto Rico.

12 November 2021

Haynes Boone hires veteran US Supreme Court lawyer

Appellate lawyer Daniel Geyser, who argued in the precedent-setting bankruptcy discharge violation case of Taggart v Lorenzen, has joined Haynes Boone as the chair of its US Supreme Court practice in Denver.

03 September 2021

Argentine province of Chaco restructures debt

DLA Piper’s New York and Buenos Aires offices have helped the Argentine province of Chaco restructure US$250 million worth of foreign debt.

06 July 2021

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