Work Area: Mediation

Insolvency Law Academy, Goa: sustaining growth for the next 25 years

India’s Insolvency and Bankruptcy Code has helped cure “almost life-threatening” levels of non-performing assets faster than anybody anticipated, an international audience heard this weekend. As the country gears up to become the world’s third largest economy, the question is how to sustain growth for the next 25 years, and the challenge is encouraging foreign private investment in its debt.

12 February 2024

Former Lehman judge joins South Square

A former New York bankruptcy judge who presided over the Lehman Brothers bankruptcy for five years has joined South Square Chambers in London, following his recent appointment to the Singapore International Commercial Court.

18 January 2024

Malaysia’s Sapura Energy scheme greenlit by multi-currency facility financiers

After launching a negotiation process with creditors in September last year, oil and gas company Sapura Energy has received the requisite support from its multi-currency finance facility creditors for a proposed restructuring it will pursue in Malaysia’s courts.

14 December 2023

Ch11 claimants seek Judge Isgur recusal over Judge Jones relationship

Personal injury claimants in the Chapter 11 case of a US hand sanitizer company have asked the presiding judge in Texas to recuse himself due to his alleged “personal relationship” with Judge David Jones, who announced his intention to step down from the bench earlier this month after he admitted to being in an undisclosed romantic relationship with a former Jackson Walker partner.

31 October 2023

“When I rest, I carry heavy rocks”: an interview with Judge Daniel Carnio Costa

São Paulo bankruptcy judge and co-chair of the International Insolvency Institute’s judicial committee Judge Daniel Carnio Costa tells GRR about his central role in helping reform Brazil’s bankruptcy law, new tools he would like to see added to the statute book and how time spent studying in the US and Europe helped shape his innovative approach to restructuring.

23 June 2023

Judge Drain returns to private practice with Skadden

Less than a year after stepping down from the bench in New York, former bankruptcy judge Robert Drain has joined Skadden Arps Slate Meagher & Flom as of counsel.

13 April 2023

INSOL International, New Delhi: does Instagram make asset tracing easier?

Is the current class of unscrupulous businessmen and women worried more about likes than the law? At INSOL International’s first in-person event in India since the start of the covid pandemic, practitioners discussed cross-border asset tracing in India and whether discretion is a dying art among fraudsters.

27 March 2023

India's foreign lawyer rule change offers “significant opportunities” in restructuring space

Lawyers in India and further afield tell GRR the country’s decision to open its legal market to foreign law firms and practitioners will present opportunities in the restructuring space and will prove to be a “boon” for India’s insolvency industry.

20 March 2023

Insolvency Law Academy dedicates mediation centre in honour of late minister

The think tank founded by former INSOL International president Sumant Batra has named two Indian judges as emeritus fellows, and dedicated a new mediation centre to another late luminary in the insolvency space.

08 February 2023

SGRI, Singapore: Sontchi on 16 years on the Delaware bankruptcy bench

Closing the Singapore Global Restructuring Initiative’s inaugural conference, Judge Christopher Sontchi provided 16 observations from his 16 years on the Delaware bankruptcy bench, saying judges will only ever know “a small fraction” of the truth and settlements are “almost always” better than court decisions.

18 November 2022

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