Work Area: Corporate reorganisations

Stoneway parent files Chapter 11 as group prepares new restructuring plan

Canadian power plant owner Stoneway Capital is preparing to announce a new restructuring plan after its British Virgin Islands-registered parent joined it in Chapter 11 proceedings in New York.

26 October 2021

III appoints Norton Rose Fulbright partner as president

The International Insolvency Institute has appointed Norton Rose Fulbright’s John Martin in Sydney as its president, to succeed Pachulski Stang Ziehl & Jones partner Debra Grassgreen.

22 October 2021

Dutch court rejects energy broker’s cooling-off request

A Dutch court has denied a WHOA cooling-off request from a door-to-door gas and electricity supply broker, finding it was “insufficiently plausible” the company could meet its current obligations during the stay.

21 October 2021

Prosafe schemes sanctioned in Singapore

Norwegian vessel operator Prosafe has won court approval for its two schemes of arrangement in Singapore, freeing up the road ahead for the group to progress a Norwegian restructuring process it launched last month.

19 October 2021

English High Court sides with Cineworld landlord over lockdown arrears

The English High Court has ruled in favour of a landlord seeking back payments of rent accrued by companies in the Cineworld cinema chain during the UK government’s pandemic lockdowns – rejecting arguments that the leases at hand implied arrears would be suspended while the cinemas were out of use.

18 October 2021

Baker & Partners hires HSM restructuring head in the Cayman Islands

The recently appointed leader of HSM Chambers’ restructuring and insolvency practice has left the firm for Baker & Partners in the Cayman Islands.

17 September 2021

PwC hires senior adviser with private equity focus

PwC has hired a new senior adviser for its business restructuring services team in the UK, from private equity firm Better Capital.

09 September 2021

Begbies Traynor acquires David Rubin & Partners

UK corporate restructuring boutique Begbies Traynor has announced the purchase of London and Guernsey-based insolvency firm David Rubin & Partners – its “largest acquisition” to date.

15 March 2021

McDermott strengthens practice in Atlanta

McDermott Will & Emery has hired former DLA Piper partner Daniel Simon for its restructuring and insolvency practice in Atlanta.

08 March 2021

Eversheds partner moves to Oppenhoff in Hamburg

German firm Oppenhoff has hired the founding partner of Eversheds Sutherland’s Hamburg office, who has been advising creditors on the cross-border restructuring of wind turbine maker Senvion.

29 January 2021

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