Global Restructuring Review

5 min read | Credit: shutterstock/ Yau Ming Low Unjust enrichment claims arising from an unenforceable currency exchange agreement tainted by illegality in mainland China can succeed under Hong Kong law unless such a ruling would offend comity by endorsing a violation or circumvention of foreign law, Hong Kong’s top appeal court has held.

3 min read | | Credit: shutterstock/noel bennett Partners from FRP Advisory have been appointed administrators of the historic British pottery brand Denby as it looks to sell part or all of its businesses, after soaring energy prices led to the business becoming unprofitable. To read more Subscribe to Global Restructuring Review Register for limited access Register to receive our newsletter and gain limited access to subscriber content.

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9 min read | | (Credit: Shutterstock.com/Tae PY15MU) Kennedys partner Samson Spanier in London considers a recent UK Supreme Court decision that has changed the law on time bars for bringing avoidance actions, raising new uncertainty – and perhaps opportunities – for office holders and creditors in insolvency proceedings, and even in out-of-court restructurings.

3 min read | Credit: Shutterstock/vfhnb12 A global manufacturer of electric vehicle charging hardware has signed a restructuring deal after months of negotiations with its major financial creditors, extending its debt maturities and securing a new capital injection. To read more Subscribe to Global Restructuring Review Register for limited access Register to receive our newsletter and gain limited access to subscriber content.

You asked and we listened: those wishing to nominate themselves or a colleague for GRR’s 40 under 40 now have two extra weeks to submit. By popular demand, the deadline for submitting nominations to the third edition of GRR’s 40 under 40 survey has been extended to 24 April. Like our previous editions in 2016 and 2022, the GRR 40 under 40 survey aims to find the next generation of rising stars within the global restructuring community.

7 min read | | Bob Wessels, professor emeritus of international insolvency law at Leiden University and expert counsel on restructuring and insolvency to the European Commission, discusses the insolvency aspects of the EU’s recently-released draft proposal for a 28th regime in the form of a new EU corporate form: the EU Inc. To read more Subscribe to Global Restructuring Review Register for limited access Register to receive our newsletter and gain limited access to subscriber content.

2 min read | Ashurst has hired a partner from WongPartnership for its restructuring, insolvency and special situations practice in Singapore, where she will be reunited with her former colleague Manoj Sandrasegara as he aims to grow Ashurst’s restructuring and transactional practices locally in his role as a senior adviser. To read more Subscribe to Global Restructuring Review Register for limited access Register to receive our newsletter and gain limited access to subscriber content.

5 min read | Credit: Shutterstock/Avirut S A Canadian cannabis group has obtained interim Chapter 15 relief pending recognition of its Companies’ Creditors Arrangement Act proceedings, as it seeks to sell all of its US operations and wind down in what its chief restructuring officer termed a "value-maximizing" process. To read more Subscribe to Global Restructuring Review Register for limited access Register to receive our newsletter and gain limited access to subscriber content.

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