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Insolvency and Restructuring News

Manchester

Cobbetts' bank debt deferred pending legal action

27-Aug-2014 | By Hannah Gannagé-Stewart

Cobbetts’ administrator KPMG has postponed a final distribution of £336,687 to Lloyds Bank after receiving notice of legal action relating to the sum by four former partners.

lehman large

Linklaters, Travers Smith, Weil in £184m PwC Lehman pensions settlement

19-Aug-2014 | By Kate Beioley

Dentons, Linklaters, Travers Smith and Weil Gotshal & Manges have settled a £184m battle between the Pensions Regulator and Lehman Brothers administrators PricewaterhouseCoopers (PwC).

Gibralter

Gibraltar lawyers jailed over £40m client money scam

9-Jul-2014 | By Joanne Harris

Three brothers who ran one of Gibraltar’s largest law firms were jailed last week for fraud, four years after their firm, Marrache & Co, was put into liquidation.

Speechly

Speechly loses IP and corporate recovery heads as merger vote nears

22-May-2014 | By Joanne Harris, Lucy Burton

Speechly Bircham’s head of intellectual property (IP) Alexander Carter-Silk has quit for Brown Rudnick, while its corporate recovery chief Christopher Harlowe has resigned for offshore firm Mourant Ozannes. 

Paris

Nabarro's French best friend August & Debouzy quits alliance

6-Mar-2014 | By Kate Beioley

Nabarro’s French best friend August & Debouzy has abandoned its European alliance, leaving the firm on the hunt for a new Paris partner.

Barclays

High Court to decide if Barclays colluded with Dewey over capital loans

4-Mar-2014 | By Kate Beioley

The High Court will examine whether banking giant Barclays colluded with the now defunct Dewey & LeBoeuf to induce partners to take out individual loans to keep the firm afloat.

BLP

BLP names Adam Dann as finance head in place of Kellett

27-Feb-2014 | By Kate Beioley

Berwin Leighton Paisner (BLP) has appointed projects and infrastructure head Adam Dann as finance head following the surprise resignation of partner Matthew Kellett last October.

Royal Courts of Justice

Berwin Leighton Paisner beats Linklaters in GAME appeal ruling

26-Feb-2014 | By Kate Beioley

Berwin Leighton Paisner (BLP) has overturned a precedent at the Court of Appeal which will see collapsed company Game forced to hand over £3m in unpaid rent when it went into administration.

boston united states

Reality bites at Bingham as credit crunch poster child's revenue falls by $110m

20-Feb-2014 | By Matt Byrne

Bingham has posted its biggest decline in firm-wide revenue for 20 years, with total turnover for 2013 falling by 12.6 per cent from $871.8m to $762m.

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Insolvency and Restructuring Briefings

The regulation of covered warrants in the UAE download subscription

Dentons 28-Aug-2014

Licensed issuers can now issue and trade covered warrants on exchanges outside the free zones in the UAE.

New privatisation law — end of a years-long process download subscription

JPM Jankovic Popovic Mitic 26-Aug-2014

The new law came into force on 13 August 2014, and the deadline for privatisation of socially owned capital to be completed is 31 December 2015.

Serbia: insolvency — will the new law resolve the problems in insolvency proceedings? download subscription

Karanovic & Nikolic 26-Aug-2014

On 5 August 2014, the National Assembly of the Republic of Serbia enacted the Law on amendments and additions to the Insolvency Law.

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Insolvency and Restructuring Analysis

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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.

Blockbuster

Insolvency: Go for broke

20-Jan-2014 | By Lucy Burton

Restructuring firms anticipate a boom when UK interest rates get jacked up and from mandates coming from Asia

Cleary

Insolvency: The rescuers

1-Jul-2013 | By Joanne Harris

The Lawyer’s Restructuring Team of the Year shortlisted firms pulled a diverse range of companies – and even a country – back from the brink last year

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Human Rights Opinion

index

A broader view of insolvency

8-Jul-2013

Yes, beware German liquidators, but also be aware of the range of their rights and responsibilities 

Weber

Opinion: Germany - life in the bust lane

17-Jun-2013

German courts are coming down on the side of liquidators when interpreting the Insolvency Act

Francis Fitzherbert-Brockholes

Opinion: Kazakhstan – a litmus test for emerging markets

28 September 2009

As banks worldwide were hit by the global financial crisis, they were increasingly ­supported through emergency measures launched by governments.

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