Insolvency and Restructuring News
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.
London restructuring team’s mass exit may speed $2bn mega-merger talks
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.
Akin Gump is to merge with Bingham McCutchen’s $52.3m (£32.1m)-turnover London office in a deal that will add 22 partners in London, Frankfurt and Hong Kong.
Allen & Overy has scooped a key role in the administration of Phones 4U, having been instructed by the company and its administrator PwC.
With his firm understood to be talking merger with Morgan Lewis & Bockius, Bingham McCutchen’s London managing partner James Roome could be set to quit, an exit that could have a major impact on Bingham’s future in the City.
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.
Dentons, Linklaters, Travers Smith and Weil Gotshal & Manges have settled a £184m battle between the Pensions Regulator and Lehman Brothers administrators PricewaterhouseCoopers (PwC).
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.
Insolvency and Restructuring Briefings
Jersey cell companies download subscription
This briefing sets out the main features of Jersey cell companies and highlights the benefits offered by this highly flexible type of company.
ESPIRITO SANTO: controlled management rejected by the court download subscription
The Luxembourg District Court sitting in commercial matters has rejected the applications of ESI and RIO FORTE to be placed under controlled management.
Who owns a bribe or secret commission? download subscription
The Supreme Court decision in FHR European Ventures LLP & Ors v Cedar Capital Partners LLC provides a reminder that bribery also gives rise to civil claims.
Insolvency and Restructuring Analysis
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.
Restructuring firms anticipate a boom when UK interest rates get jacked up and from mandates coming from Asia