Global Restructuring Review
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Global Restructuring Review (GRR) is the trusted source of worldwide news and analysis for restructuring and insolvency practitioners. It keeps you up to speed with the global issues and trends that matter, giving you the detail, and depth you need to operate successfully. GRR provides daily coverage of key global news straight to your inbox, as well as an analysis of the latest hiring trends,..
Global Restructuring Review
1w ago
The receivers of a Vancouver-based company set up to develop an alpine activities resort have secured permission to sell it using a reverse vesting order despite the province of British Columbia claiming there is no jurisdiction under Canada’s Bankruptcy and Insolvency Act to approve such transactions ..read more
Global Restructuring Review
1w ago
A former partner at Walkers with 22 years’ experience under her belt and a special focus on Cayman Islands and British Virgin Islands law has joined Ogier in Hong Kong ..read more
Global Restructuring Review
1w ago
One of the former co-chairs of Paul Hastings’ global finance group is set to join Davis Polk & Wardwell as a partner in London, bringing with him experience advising on cross-border restructurings, leveraged finance and corporate finance matters ..read more
Global Restructuring Review
1w ago
After more than two years in administration, British energy supplier People’s Energy has secured sanction of an English scheme through which it will deal with up to 300,000 data breach claims, despite opposition from an individual creditor who alleged he was defrauded ..read more
Global Restructuring Review
1w ago
A Hong Kong court has declined to issue a letter of request to Shanghai on behalf of PwC so it could comply with a document order ahead of a 2026 negligence trial, noting that a mutual arrangement between the courts of the two jurisdictions that the Big Four firm was relying on was “not working in the way intended”. ..read more
Global Restructuring Review
1w ago
EU member states may exclude tax debts from discharge so long as the exclusion is “duly justified”, even if it means giving the state a privileged position, the European Court of Justice has ruled, in the second decision to interpret the 2019 restructuring directive in the space of a month. ..read more
Global Restructuring Review
1w ago
A New York bankruptcy judge has said debtors facing mass tort claims could turn to an old tool in the US Judicial Code that could “dramatically increase” the power of courts to facilitate global resolutions if the US Supreme Court rules against Purdue Pharma and bans the use of nonconsensual third-party releases ..read more
Global Restructuring Review
1w ago
As the private debt and restructuring landscape evolves in the MENA region, Kirkland & Ellis’ capital solutions and restructuring lead in Riyadh, report on the inaugural future leaders programme launched by the firm in the Kingdom of Saudi Arabia, in partnership with INSOL International and the KSA Bankruptcy Commission ..read more
Global Restructuring Review
1w ago
A UK casual dining group has been given the green light to convene meetings for seven classes of creditors to vote on a Part 26A plan later this month, which will see the company exit its “less desirable sites” – but the judge has already highlighted fairness issues that may arise at sanction ..read more
Global Restructuring Review
1w ago
An anonymised debtor has failed to restrain a winding up petition against it based on a monetary judgment from a Lebanese court that has not been recognised or registered in the UK, after a similar decision handed down on a Russian bankruptcy petition two months ago. ..read more