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Insolvency and Restructuring News

CityLink

White & Case picks up DX mandate on acquisition of City Link assets

9-Jan-2015 | By Hannah Gannagé-Stewart

White & Case has advised logistics and parcel distribution company DX Group on its acquisition of assets from its collapsed competitor City Link.

CityLink

Gateley, Macfarlanes and Mayer Brown deliver as City Link goes into administration

6-Jan-2015 | By Hannah Gannagé-Stewart

Gateley, Macfarlanes and Mayer Brown have all played key roles advising on the controversial administration of courier business City Link, which was handed over to EY on Christmas Eve.

football

Collyer Bristow settles Rangers fight for £24m

21-Nov-2014 | By Kate Beioley

Collyer Bristow has settled its dispute with Scottish football club Rangers for £24m, bringing an end to the long-running litigation over fees the firm was paid following a controversial 2011 takeover. 

Gibralter

Marrache liquidators sue Baker Tilly for £28m in bid to recoup lost client funds

20-Nov-2014 | By Joanne Harris

The liquidators of Gibraltar firm Marrache & Co are suing the local branch of accountancy firm Baker Tilly for negligence, breach of duty, conspiracy and dishonest assistance for audit advice given prior to Marrache’s collapse in 2010.

football

Stephenson Harwood earns £46,000 from Coventry City Football Club liquidation

14-Nov-2014 | By Kate Beioley

Stephenson Harwood has earned £46,000 from the liquidation of Coventry City Football Club according to recent insolvency filings with Companies House. 

Aeroplane

Raft of UK firms jump aboard Monarch’s bumper restructuring deal

28-Oct-2014 | By Natalie Stanton

Freshfields Bruckhaus Deringer, Macfarlanes and Forsters are among the firms to advise on the rescue of the Monarch Group by investment firm Greybull Capital.

Paris

Dentons picks up KWMSJB Paris restructuring team

24-Sep-2014 | By Joanne Harris

Dentons has hired a partner and four associates from King & Wood Mallesons SJ Berwin (KWMSJB)’s Paris office in an effort to strengthen its restructuring team, following the departure of two partners earlier this year.

Kooper akin

Akin springs 22 Bingham partners

22-Sep-2014 | By Hannah Gannagé-Stewart

London restructuring team’s mass exit may speed $2bn mega-merger talks 

Roome

The Akin deal is done, but what of the five Bingham refuseniks?

19-Sep-2014 | By Hannah Gannagé-Stewart

The much anticipated tie-up between Akin Gump Strauss Hauer & Feld and Bingham McCutcheon’s London office closes only one chapter of speculation over the fate of the US firm.

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Insolvency and Restructuring Briefings

New year — new rules download subscription

Gateley 23-Jan-2015

Since they were brought in there have been 23 sets of amends to the Insolvency Rules 1986. In 2015/16 the landscape of insolvency legislation will once again change.

Re Danka Business Systems plc; Ricoh Europe Holdings BV & Ors v Spratt & Anor download subscription

Mourant Ozannes 22-Jan-2015

The recent English Court of Appeal ruling in Re Danka Business Systems plc considers how insolvency practitioners ought to deal with contingent claims.

Insolvency set-off download subscription

Gateley 21-Jan-2015

Is it possible for a party to deduct a debt owed to it under one contract from a debt owing to it under another?

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Insolvency and Restructuring Analysis

Oil

Special report: Insolvency – The spillover effect

19-Jan-2015 | By Natalie Stanton

Collapsed oil prices and Ebola have hit businesses hard, while European plans to copy UK restructuring tools could challenge British courts’ dominant role.

x

Barclays ready for battle over Dewey debts

5-Mar-2014 | By Kate Beioley

It is now two years since the collapse of mammoth firm Dewey & LeBoeuf. But the next chapter in the story of its dramatic spiral into crisis is about to emerge in lurid technicolour following a High Court trial last week.

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Human Rights Opinion

Cat Griffiths index

Akin means business in the City

22-Sep-2014

Like a python after swallowing an antelope, Akin Gump London may want to rest a while.

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