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GRR Alerts Shop Archive Login | Register ☰ ☰ News & Features Category All News Features Community News Conference Coverage Interviews Series Covid-19 calls Heads-Up Unpacked Worked Out Regional news Africa & Middle East Asia-Pacific Europe Latin America & Caribbean North America Insight Guides The Art of the Ad Hoc The Art of the Pre-Pack Regional Reviews Americas Restructuring Review 2022 Asia-Pacific Restructuring Review 2022 Europe, Middle East and Africa Restructuring Review 2022 Surveys & Data Surveys GRR 100 Women in Restructuring 40 under 40 The New Insolvency Advisers Who's Who Legal: Restructuring & Insolvency 2019 Who's Who Legal: Restructuring & Insolvency Advisers 2019 Data Third-party funding in insolvency litigation Tools Tools Getting the Deal Through Diary Recognitions Reports Centre Events About Us About Us Who we are Meet our editorial board Contact GRR Alerts Shop Archive Login | Register Subscribe Now Wirecard administrator can claw back dividends from investors, German court rules Wirecard’s insolvency administrator has persuaded a German court to declare its final two full-year financial statements void, potentially allowing him to pursue million in dividends paid out to investors before its collapse. US trustee, creditor groups accuse LATAM of improperly soliciting votes The US trustee’s office and at least three creditor groups have accused Chile’s LATAM Airlines of improperly soliciting votes for its Chapter 11 plan post-petition amid a slew of additional complaints that the plan is an “illicit deal” built on “hodge-podge” creditor classification, which unfairly benefits shareholders and is ultimately “fundamentally flawed”. Alston & Bird picks up new partner in Atlanta and counsel in New York Alston & Bird has bulked up its restructuring practice with a partner hire from Bryan Cave Leighton Paisner, and a new counsel hire from King & Spalding who worked on global engineering group Isolux Corsan’s international restructuring. English scheme sanctioned for Germany’s Lowen Play Arcade gaming group Lowen Play has secured sanction of an English scheme to restructure €350 million worth of senior secured notes, despite German tax authorities not yet providing approval. Westbrook and Paulus: “We are concerned about the future of insolvency” Leading lights of the insolvency community Jay Westbrook and Christoph Paulus say they are concerned about what they see as an abuse of bankruptcies to shield third parties from liability. Subsidiary of India’s Mayar conglomerate wound up in Hong Kong A lumber merchant that is part of India’s Mayar Group conglomerate has been wound up in Hong Kong and its director declared bankrupt, after they failed to convince a local judge that… Get more from GRRSign up to our daily email alert Sign up for GRR email alerts Features A cross-jurisdictional outlook for restructuring and recovery Ogier partners Christian Burns-Di Lauro and Ray Wearmouth in the British Virgin Islands, and Mathew Newman in Guernsey, consider whether the outlook is really not so good from a global restructuring perspective, as pandemic-related government support measures come to an end and the geo-political climate brings high inflation and rising energy costs. Europe column: independent territorial insolvency proceedings under the recast Insolvency Regulation Bob Wessels, professor emeritus of international insolvency law at Leiden University and expert counsel on restructuring and insolvency to the European Commission, discusses what happens in the rare case that a territorial insolvency proceeding is opened prior to any main insolvency proceedings. Community Glenn Agre hires Morgan Lewis bankruptcy head in New York The former leader of Morgan Lewis & Bockius’ bankruptcy group has joined recently launched trial firm Glenn Agre Bergman & Fuentes in New York, telling GRR his new outfit offers him flexibility and a “virtually conflicts free environment”. Katten hires Avonhurst partner in London A former Morrison & Foerster partner, who helped establish the London chapter of the International Women’s Insolvency & Restructuring Confederation, has joined Katten Muchin Rosenman’s growing UK restructuring group. Global Restructuring Review is the only news and analysis service with a laser focus on cross-border restructuring and insolvency law. Get unlimited access to all Global Restructuring Review content Subscribe Most read 1 Katten hires Avonhurst partner in London 2 Linklaters and A&M advise as Golden Wheel completes Cayman restructuring 3 Win for Goodwin as Kirkland partner joins firm 4 Skadden advising as E-House proceeds with Cayman restructuring 5 Nordic Aviation Capital obtains US plan approval Editor's picks New Look landlords’ CVA “test case” settled on eve of appeal hearing Landlords bringing a “test case” against UK fashion retailer New Look on the scope of company voluntary arrangements, have settled it just hours before a two-day hearing at the English Court of Appeal. Creditor challenge against seldom-used UK moratorium rejected In the first English court decision to consider the new moratorium provisions enacted in the UK in 2020, Sir Alastair Norris has rejected a challenge from a Thai creditor against moratoria secured by a group… GRR 100 GRR 100 2021 View survey Insight Asia-Pacific Restructuring Review 2022 View review Get unlimited access to all Global Restructuring Review content Subscribe Now About Who we are Meet our editorial board Contact News & Features News Features Community News Conference Coverage Interviews Data & Surveys 40 under 40 GRR 100 The New Insolvency Advisers Third-party funding in insolvency litigation Women in Restructuring Who's Who Legal: Restructuring & Insolvency 2019 Who's Who Legal: Restructuring & Insolvency Advisers 2019 Insight The Art of the Ad Hoc The Art of the Pre-Pack Americas Restructuring Review 2022 Asia-Pacific Restructuring Review 2022 Europe, Middle East and Africa Restructuring Review 2022 Tools GTDT Diary Recognitions Reports Centre Social Company Number: 03281866 VAT: GB 160 7529 10 Copyright © Law Business Research Terms and conditions Privacy Policy