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