Work Area: Capital markets & securities
Paul Weiss hires partner from O’Melveny in New York
Paul Weiss Rifkind Wharton & Garrison has recruited a former O’Melveny & Myers partner who worked for lenders on the fastest-ever Chapter 11, to co-head the firm’s newly formalised hybrid capital and special situations practice.
07 November 2022
Weil study finds highest distress in key European markets since mid-2020
Levels of corporate distress in Germany and the UK are at levels last seen two years ago in the throes of the pandemic, a Weil Gotshal & Manges study has revealed, as the cost of living crisis begins to bite.
22 June 2022
Evergrande’s offshore bondholders threaten enforcement action
An ad hoc group of Evergrande’s offshore bondholders have brought in Harneys to advise on potential enforcement action after claiming they have had “no substantive engagement” with the Chinese property group despite repeated assurances.
20 January 2022
Heads-Up: Ron Thompson at Alvarez & Marsal in Hong Kong
Featured in Heads-Up
The head of Alvarez & Marsal’s Asia restructuring practice, Ron Thompson, discusses the differences between onshore and offshore restructuring in China, the impact of the mainland’s new recognition protocol with Hong Kong and the effects of personal bankruptcy reform on the mainland.
01 December 2021
Alvarez & Marsal moves into Indonesia
Alvarez & Marsal has launched a new restructuring and turnaround practice in Jakarta, making its expansion into Indonesia with an appointment from financial services and leasing group ORIX Corporation.
21 September 2021
Fourth time lucky: Cleary and Bruchou help YPF secure debt exchange
Argentine oil company YPF has secured approval from noteholders to exchange debt maturing next month, with Cleary Gottlieb and local firm Bruchou advising the company and a quartet of firms including Clifford Chance, Bomchil, Dechert and DLA Piper acting for creditor groups.
11 February 2021
Marme interest claim falls under Insolvency Regulation, not Brussels recast
Interest claims brought by ING Bank against Santander in London belong in Madrid an English judge has ruled, in a case she described as “more complex” than previous ones pitting the EU’s Insolvency Regulation against the recast Brussels Regulation.
23 December 2020
One in, one out at RSM in London
Advisory firm RSM has hired Janet Burt from Alvarez & Marsal as a partner in its London restructuring group, while restructuring manager Jennifer Harrison has left the firm for Duff & Phelps.
21 August 2020
Alvarez & Marsal bolsters ranks in the Nordics
Alvarez & Marsal has hired a new head of financial restructuring and an operational restructuring lead for the Nordics, three months after launching its Norwegian practice.
17 August 2020
Argentina’s debt restructuring likely to get approval, say lawyers
Argentine lawyers are buoyant that the government’s two-day old deal with holders of the country’s foreign bonds will get the required approval numbers, and mark the country’s return to international capital markets.
06 August 2020