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Goodwin hires Domenget Morin from White & Case

Goodwin hires Domenget Morin from White & Case

04 July 2019

GRR editorial board member and former White & Case partner Céline Domenget Morin has joined Goodwin’s Paris office, extending its financial restructuring practice to France.

New Look France enters liquidation with Linklaters advising

New Look France enters liquidation with Linklaters advising

03 July 2019

Linklaters is advising the French arm of global fashion retailer New Look as it enters liquidation, while an English subsidiary has exited Chapter 15 proceedings.

Rolf Rattunde 1957-2019

Rolf Rattunde 1957-2019

03 July 2019

Insolvency administrator Rolf Rattunde, a partner at Leonhardt Rattunde in Berlin and a pioneer of insolvency plans in Germany, has died unexpectedly at the age of 62.

Italian fashion brand Stefanel collapses in Italy and the UK

Italian fashion brand Stefanel collapses in Italy and the UK

03 July 2019

Italian womenswear brand Stefanel is in administration in Italy and the UK, with Raffaele Cappiello advising in Rome and CVR Global in London.

Steinhoff delays CVA completion again

Steinhoff delays CVA completion again

02 July 2019

Creditors of South African retail conglomerate Steinhoff have approved a third delay to the completion of its European subsidiaries’ UK restructuring, as the company brings litigation against its former chief executive.

GRR Live, Hong Kong: Opportunities and challenges in Mainland China

GRR Live, Hong Kong: Opportunities and challenges in Mainland China

02 July 2019

How have restructuring opportunities developed in China in the past few years; what challenges do practitioners face, and do the courts or the government have too big a role in bankruptcy proceedings? Speakers at GRR Live Hong Kong shared their experiences of working on the ground in China’s growing bankruptcy market.

Joint venture exclusion rights did not breach insolvency law, Hong Kong court finds

Joint venture exclusion rights did not breach insolvency law, Hong Kong court finds

02 July 2019

A Hong Kong court has allowed a construction company to exclude its joint venture partner from a government project, despite the partner’s provisional liquidators arguing the exclusion breached local insolvency law.

Serbian steel mill seeks Chapter 15 stay to stop Dutch debt demand

Serbian steel mill seeks Chapter 15 stay to stop Dutch debt demand

01 July 2019

A bankrupt Serbian steel company with “few if any ties to the US” has filed for Chapter 15 protection in New York to stop a Dutch creditor’s bid to enforce an arbitration award.

Davis Polk promotes four in New York

Davis Polk promotes four in New York

01 July 2019

Davis Polk & Wardwell has promoted four restructuring practitioners to partner in its New York office.

Slate of firms agree Spanish supermarket refinancing

Slate of firms agree Spanish supermarket refinancing

28 June 2019

Kirkland & Ellis, Linklaters, Allen & Overy and Spanish firm Pérez-Llorca have helped Spanish supermarket chain Dia with a refinancing deal to see through a capital increase of up to €600 million, months after the group’s Russian-owned principal shareholder took a majority stake in it.

FTI Consulting to acquire German advisory firm

FTI Consulting to acquire German advisory firm

28 June 2019

Global business advisory firm FTI Consulting has entered into an agreement to acquire German restructuring advisory boutique Andersch.

Bedell Cristin hires familiar face as new litigation head in BVI

Bedell Cristin hires familiar face as new litigation head in BVI

28 June 2019

Offshore firm Bedell Cristin has rehired Tim Wright, a former associate of the firm in Jersey, as partner and head of its litigation and dispute resolution practice in the British Virgin Islands.