Work Area: Receivership

A Sydney-based Norton Rose Fulbright partner who advised the administrators of Lehman Brothers’ main European arm in its landmark Waterfall litigation in the UK has joined Lander & Rogers, telling GRR he plans to grow the firm’s cross-border offering.

17 May 2023

A biopharmaceutical group whose founder Martin Shkreli infamously hiked the price of one of its best-selling drugs by 4,000% has entered Chapter 11, citing “reputation harm” and expensive litigation caused by Shkreli’s leadership.

16 May 2023

Chapter 11 lawyers for the parent company of collapsed Silicon Valley Bank have hit out against “improper actions” taken by a US financial regulator that they claim have blocked its access to accounts containing more than US$2.1 billion.

22 March 2023

The foreign representatives of a bankrupt Cayman feeder fund have asked the Eleventh Circuit Court of Appeals to overturn a US federal receiver’s distribution plan, arguing a lower court’s “minimalist construction of comity” defied 140 years of precedent.

14 March 2023

Three of the UK’s largest energy suppliers have asked the English High Court to review Bulb Energy's sale to rival Octopus, arguing the bidding process in the country’s first-ever special energy supply company administration was “fundamentally unfair”.

01 March 2023

The Eastern Caribbean Court of Appeal has set aside a receivership order put in place on behalf of sanctioned Russian bank VTB, finding that the repeal in itself would not contravene international sanctions.

15 February 2023

Hogan Lovells is advising a security trustee that has filed a bankruptcy petition against a Ukrainian grain terminal operator on behalf of a pair of US investors, after successfully obtaining a worldwide freezing order from an English court against its owners last month.

13 February 2023

Rival bidders seeking to buy Spanish renewables conglomerate Abengoa’s operating assets are testing new powers to scrutinise pre-pack sales under Spain’s recently enacted transposition of the EU preventive frameworks directive.

13 January 2023

Three of the UK’s largest energy companies have failed to convince an English court it has a larger role to play scrutinising the takeover of collapsed competitor Bulb Energy, in a deal they say provides a government-funded “dowry” to British renewable group Octopus Energy.

01 December 2022

A Hong Kong court has further adjourned the hearing of a winding up petition against Chinese property developer Evergrande on the assurance that the group will provide a restructuring plan for creditors by March next year.

28 November 2022