Cohen: Cyprus Is Not A Template For Future Restructurings
Businessweek Reporter: BigLaw Is "Crash Landing"
The UK’s bank regulatory and insolvency law structures were unprepared for the global financial crisis. As a result, the UK government’s response to intense bank stress in the immediate aftermath of the crunch led to a number...more
The English Court of Appeal found it lawful for cash payments to be offered to bondholders, in return for support of a financial restructuring.
Opportunities for investors in European HY Debt
- Record amounts of HY issuance in Europe since 2010, much of which has refinanced the LBO bank debt maturity wall
- Potential for significant restructuring...more
On February 1, 2013, the Supreme Court of Canada (SCC) released its much-awaited decision in the Indalex case. While the central issue in Indalex was the priority of wind-up deficiencies in defined benefit pension plans...more
The global reach of capital markets, financial difficulties in the eurozone and the multinational nature of many businesses and financial institutions have increased the importance of understanding legal, business and other...more