Recognising Foreign Proceedings under Singapore’s Restructuring and Insolvency Regime: Court of Appeal Clarifies Whether Company Must be Insolvent
By Sim Kwan Kiat, Sheila Ng and Walter Yeo (Rajah & Tann Singapore LLP)
Introduction…
English High Court sanctions German real estate group’s “wind-down” restructuring plan
By Charles Balmain, Ben Davies, Christian Pilkington, John Rogerson, Cecily Higham, and Robbie Powell (White & Case LLP)
The English High Court has…
The international restructuring of Steinhoff under the Dutch WHOA
By Omar Salah and Jan de Wit (Norton Rose Fulbright)
Introduction
On 21 June 2023, the District Court of Amsterdam (the WHOA Court) granted its judgment in one of the largest…
Netherlands Commercial Court holds that digital data cannot be subject to ownership - What does this mean for insolvency practitioners?
By Jung Sangbum (INSOL Asia Hub)
Introduction
An insolvency practitioners’ role includes, inter alia,…
Mediation as a bankruptcy and insolvency game changer
By Scott Atkins and Kai Luck (Norton Rose Fulbright)
Introduction
While once spoken of as a "future trend", mediation is now actively being used as a key bankruptcy and insolvency tool. In…
No Double Dipping – Avianca Bankruptcy Court Demands that Foreign Creditors Drop Foreign Enforcement Proceedings at Risk of Having Bankruptcy Claims Disallowed
By Matthew Wargin and Jade Edwards (Mayer Brown LLP)
In a January 2023 opinion,[1…
English Court Approves First UK Restructuring Plan in Parallel to a European “Preventive Restructuring” Process
By Thomas Jemmett, Kate Stephenson, Mallika Abidi, Ken Au and Georgina Vale (Kirkland & Ellis International LLP)
At a Glance
The…
What is an Insolvency Proceeding?
By Riz Mokal (South Square and Aberdeen University School of Law)
To the question in the title, one may be forgiven the innocent response ‘Who cares?’. In fact, the question matters for all the reasons that legal…
Liability management transactions: providing new capital and laying the groundwork to cramdown of those left behind
By James A. Copeland and Maria Mokrzycka (Norton Rose Fulbright)
Introduction
Liability management is having a moment. Once a…
Loan-to-Own 2.0
By Robert Miller (University of South Dakota)
The rise of convertible debtor-in-possession (“DIP”) financing is symptomatic of a paradigm shift in the control of large bankruptcy cases. During the prior era of lender control,…