Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

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Names to know in Cayman

Names to know in Cayman

09 January 2019

Read on for all the judges, lawyers and other types of restructuring and insolvency advisers you need to know in the Cayman Islands.

On the map: Cayman worked out

On the map: Cayman worked out

09 January 2019

Cheaper than other financial centres, fast and flexible when necessary and with planned reforms on the horizon; can Cayman compete? GRR investigates

Regis landlords hope CVA challenge will clarify law, stop "unfair" deals

Regis landlords hope CVA challenge will clarify law, stop "unfair" deals

08 January 2019

A Hogan Lovells partner who is advising landlords challenging the company voluntary arrangement of hair salon chain Regis UK, says an upcoming trial could set a precedent for future retail restructurings.

Curaçao Chapter 15 recognition may provide hard Brexit precedent

Curaçao Chapter 15 recognition may provide hard Brexit precedent

08 January 2019

A New York court has granted the first ever US recognition of insolvency proceedings under emergency regulations in the Dutch Caribbean territory of Curaçao – possibly providing a precedent for recognition of European cross-border insolvencies in the UK post-Brexit.

Community round-up: Squire Patton Boggs hires two partners in DC

Community round-up: Squire Patton Boggs hires two partners in DC

08 January 2019

Squire Patton Boggs has added two partners to its restructuring and insolvency group in Washington DC, while further up the East Coast Seward & Kissel and Richards Kibbe & Orbe have announced promotions in New York.

Pillsbury lawyer joins Thompson Hine as partner

Pillsbury lawyer joins Thompson Hine as partner

07 January 2019

New York firm Thompson Hine has hired David Forsh of Pillsbury Winthrop Shaw Pittman as a partner in Manhattan.

Delaware court rejects California’s jurisdiction plea in adversary proceeding

Delaware court rejects California’s jurisdiction plea in adversary proceeding

07 January 2019

The Delaware bankruptcy court will hear an adversary proceeding filed against California, after overruling jurisdictional objections and state sovereignty arguments under the Eleventh Amendment of the US Constitution.

Monarch engineering arm enters administration with KPMG and Shoosmiths

Monarch engineering arm enters administration with KPMG and Shoosmiths

07 January 2019

Shoosmiths is advising KPMG as administrators to the engineering arm of the UK’s defunct Monarch Airlines, after a turnaround plan failed to help the company deal with the impact of the airline’s 2017 collapse.

Creditors approve Isolux restructuring in Brazil

Creditors approve Isolux restructuring in Brazil

07 January 2019

Creditors of the multinational construction group Isolux have approved a judicial reorganisation plan in Brazil.

China Fishery’s Cayman parent barred from HSBC adversary claim

China Fishery’s Cayman parent barred from HSBC adversary claim

04 January 2019

A New York court has barred China Fishery Group’s Cayman parent from intervening in an adversary case brought by the trustee of one of its subsidiaries against HSBC - which stands accused of “unbridled overreach” in enforcing its interests.

King & Spalding partner joins Proskauer Rose in London

King & Spalding partner joins Proskauer Rose in London

04 January 2019

Proskauer Rose has hired a King & Spalding partner whose past experience saw her work in Germany and Italy, in London.

Kirkland advising womenswear company on plus-sized pre-pack

Kirkland advising womenswear company on plus-sized pre-pack

04 January 2019

A plus-sized women’s clothier advised by Kirkland & Ellis, PJT Partners and AlixPartners will file a Chapter 11 later this month to reduce its debt by US$900 million.