Insolvency and Restructuring News
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 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.
Nabarro’s French best friend August & Debouzy has abandoned its European alliance, leaving the firm on the hunt for a new Paris partner.
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.
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.
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.
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.
Dentons and Olswang have advised on the acquisition of Readers Digest by Mike Luckwell, the venture capitalist behind Bob the Builder, from Better Capital for the nominal sum of £1.
Ben Larkin, the head of the restructuring practice at Berwin Leighton Paisner (BLP), has become the latest high-profile partner to quit the firm.
Insolvency and Restructuring Briefings
Getting it right: how to make a successful application for the appointment of provisional liquidators download subscription
The main job of a judge is to determine and uphold rights of property ownership, so applications to appoint provisional liquidators tend to go against the judicial grain.
Restructuring and insolvency in Luxembourg (part two) download subscription
Formal, court-driven restructuring proceedings are available into Luxembourg law, but for practical reasons, these are rarely used in practice.
Restructuring and insolvency in Luxembourg (part one) download subscription
Luxembourg is one of the leading domiciles worldwide for international investment vehicles.
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
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
Human Rights Opinion
Yes, beware German liquidators, but also be aware of the range of their rights and responsibilities
German courts are coming down on the side of liquidators when interpreting the Insolvency Act
As banks worldwide were hit by the global financial crisis, they were increasingly supported through emergency measures launched by governments.