Work Area: Acquisition & leveraged finance

GRR Live returns to New York next week

There is still time to secure a spot at GRR Live in New York, which returns next week with a packed schedule covering the ongoing crypto fallout, post-insolvency financings in Latin America, growing headwinds for cross-border recognition and the new Cayman Islands restructuring officer regime.

15 September 2023

Ares sued for ‘rigged’ sale of LATAM’s aircraft

A global investment manager is being sued for the second time in three years for allegedly implementing a “sham foreclosure sale” of a bankrupt airline's aircraft.

12 September 2023

VanMoof bought out of bankruptcy after securing Ch15 stay

A subsidiary of motorsport technology company McLaren Applied has agreed to buy Dutch e-bike manufacturer VanMoof out of bankruptcy, two days after the company secured a temporary Chapter 15 stay to halt an injury claim brought against a non-debtor subsidiary in New York.

31 August 2023

Davis Polk advising as JPMorgan buys troubled First Republic Bank

Struggling San Francisco-headquartered First Republic Bank has been seized by US regulators and sold to JPMorgan Chase, one week after investors launched a class action over the bank’s alleged misrepresentation of its balance sheet and liquidity position.

01 May 2023

Another Akin Gump partner joins Gibson Dunn in Texas

Gibson Dunn & Crutcher has recruited its second partner from Akin Gump in Texas in less than a year, as it continues to invest in its finance and restructuring offering in the US.

09 March 2023

Zipmex secures moratoria extension in Singapore

Crypto group Zipmex has secured an extension of its Singaporean moratoria, but a local judge criticised its advisers for failing to keep the court informed of developments at its Indonesian subsidiary.

06 December 2022

Stichd up merchandiser may bring damages claim against insolvent Formula One team

Ex-Formula One team Force India breached its contractual obligations to a merchandiser when administrators sold its assets to a company owned by Canadian billionaire Lawrence Stroll, an English court has ruled – entitling the merchandiser to a damages claim.

26 April 2022

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