News & Analysis as of

Commercial Bankruptcy Cross-Border Transactions

Ropes & Gray LLP

Distressed Debt Legal Insights: Special Edition: 2025 Takeaways and 2026 Outlook

Ropes & Gray LLP on

Welcome to a special edition of Distressed Debt Legal Insights, Ropes & Gray’s source of timely insights for professionals navigating the complex world of liability management and special situations finance....more

K&L Gates LLP

Has the Texas Two-Step Become the Thames Two-Step?

K&L Gates LLP on

In the first of its kind, a US company with no prior connection to the United Kingdom, has financially restructured via a Part 26A Companies Act (UK) Restructuring Plan (the RP), in respect of which it also achieved Chapter...more

Robinson & Cole LLP

2025 Chambers Insolvency Global Practice Guide Chapters: Law and Practice – USA

Robinson & Cole LLP on

An overview of the U.S. insolvency framework, addressing core principles, creditor rights, restructurings, and cross-border issues....more

Conyers

Top 5 Asia Pacific Publications of 2025

Conyers on

The Conyers Hong Kong and Singapore offices produced rich and varied content in 2025. The topics that resonated most with readers in the Asia-Pacific region came from our Corporate, Investment Funds, Private Client and Trust...more

DLA Piper

Beyond chapter 11: How US companies are using UK restructuring plans

DLA Piper on

As a result of a well-developed recognition regime in the United States and the adoption of accessible restructuring laws in jurisdictions around the globe, new options for restructuring global businesses have emerged. In...more

Ropes & Gray LLP

2025 London Capital Solutions and Business Restructuring Year in Review

Ropes & Gray LLP on

Private credit has become a defining force in European capital structures, accelerating out-of-court outcomes, introducing more bespoke documentation and shifting negotiation leverage in restructurings....more

Morrison & Foerster LLP

2025 Year in Review: Key Trends in Cross-border Restructuring and What’s Next in 2026

When Texas-based McDermott International obtained chapter 15 recognition (in the Southern District of Texas, no less) of UK and Dutch plans to restructure both its funded debt as well as trade and litigation claims—in what...more

McDermott Will & Schulte

Transatlantic restructuring trends: What to expect in 2026

McDermott Will & Schulte on

It has been a tumultuous year, with modest economic growth with a continuing steady flow rather than a new wave of restructurings. Tariffs, layoffs, and industry-specific structural weaknesses are projected to constrain US...more

Conyers

The Boundaries of Section 467: How Far will the BVI Court go to Assist Foreign Insolvency Proceedings?

Conyers on

Part XIX of the Insolvency Act 2003 was introduced to support cross-border cooperation. Still, many years on, there is real debate about the reach of section 467 and how far the court will go to help foreign proceedings....more

IR Global

Crypto Bankruptcy Claw-Backs: Strategic Imperatives for Creditors

IR Global on

The collapse of major digital-asset platforms in recent years has propelled bankruptcy avoidance actions into the spotlight. Among these, claw-back claims under the Bankruptcy Code – especially § 547 (pre-petition...more

Foley & Lardner LLP

No Score on “Gol”: SDNY Rejects Non-Consensual Third-Party Releases and Finds That Opt-Outs Do Not Constitute Consent

Foley & Lardner LLP on

The recent December 1, 2025, opinion from Judge Denise Cote of the SDNY reversing confirmation of the Gol Linhas “Plan of Reorganization” and remanding it to the bankruptcy court with the offending third-party release...more

Jones Day

Business Restructuring Review Vol. 24 No. 6 | November–December 2025

Jones Day on

New York Bankruptcy Court Rejects Challenge to Barnet Rule Permitting Foreign Debtors to Obtain Chapter 15 Recognition With Only Minimal U.S. Assets - Court disagree over whether, to be eligible for relief under chapter 15...more

Jones Day

New York Bankruptcy Court Rejects Challenge to Barnet Rule Permitting Foreign Debtors to Obtain Chapter 15 Recognition With Only...

Jones Day on

As chapter 15 of the Bankruptcy Code reaches its 20th anniversary, the volume of chapter 15 cases has increased significantly, and chapter 15 jurisprudence has rapidly matured. Even so, certain important issues are still...more

Haynes Boone

Two Recent Decisions Reinforce – and Refine – the Protective Scope of the Bankruptcy Code’s Safe Harbors

Haynes Boone on

Two courts – the U.S. Court of Appeals for the Second Circuit in In re Fairfield Sentry Ltd. (Aug. 5, 2025)1 and the U.S. Bankruptcy Court for the District of Delaware in Opioid Master Disbursement Trust II v. Covidien...more

Ropes & Gray LLP

Distressed Debt Legal Insights

Ropes & Gray LLP on

Welcome to Distressed Debt Legal Insights, Ropes & Gray’s new source of timely insights for professionals navigating the complex world of liability management and special situations finance....more

Offit Kurman

Global Capital, Local Law: Navigating the Risks of U.S. Bankruptcy

Offit Kurman on

When raising capital in the U.S., owners and directors of foreign companies have to be cognizant of how restructuring can be used by creditors to displace management and shareholders. A recent decision by the U.S. District...more

Jenner & Block

Third-Party Releases Through Chapter 15—Loophole or Comity?

Jenner & Block on

Recent filings suggest that companies are leveraging recognition proceedings under Chapter 15 of the U.S. Bankruptcy Code to obtain relief they couldn’t achieve under foreign or U.S. bankruptcy law alone. Noteworthy decisions...more

WilmerHale

Recognition of Nonconsensual Third-Party Releases in Ch. 15 After Purdue

WilmerHale on

The U.S. Supreme Court’s decision in Harrington v. Purdue Pharma LP2 has, in many respects, changed the landscape for nonconsensual third-party releases in chapter 11 cases. What effect, if any, has Purdue had on the...more

Offit Kurman

When the Subsidiary Fails: Litigation Risks for Officers and Directors of Parent Companies

Offit Kurman on

A recent decision in an adversary proceeding in Delaware, arising from the Chapter 7 liquidation of Rosetta Genomics, Inc., serves as a cautionary tale for corporate officers and directors — especially those of parent...more

Jones Day

Breaking New Ground: Second Circuit Rules that Bankruptcy Code's Securities Transactions Safe Harbor Bars Foreign Common-Law...

Jones Day on

U.S. Bankruptcy and appellate courts have long wrangled over whether the provisions of the Bankruptcy Code apply extraterritorially to permit, for example, enforcement of the automatic stay to creditor collection efforts...more

Hogan Lovells

Aggregate / Furst – Successfully disputing recognition of Restructuring Plan

Hogan Lovells on

Project Fürst purported to restructure its liabilities of over EUR 1 billion, for which the developer relocated to London in order to implement a “Restructuring Plan” under the English Part 26A regime. The Restructuring Plan...more

Offit Kurman

One Way or Another: Non-U.S. Crypto Customers Will Have to Face Celsius Preference Lawsuits

Offit Kurman on

Earlier this summer, the Bankruptcy Court for the Southern District of New York rejected a challenge to the Litigation Administrator, Moshin Y. Meghji, lawsuits against Celsius Network LLC customers. The challenge was based...more

Conyers

Recognition with Consequences: Singapore's Terraform Ruling and its Implications for the BVI

Conyers on

On 11 July 2025, the Singapore International Commercial Court (SICC) in Re Terraform Labs Pte Ltd [2025] SGHC (I) 4 ordered a group of creditors to pay costs to the insolvent estate of blockchain company Terraform Labs. The...more

Troutman Pepper Locke

What Is a Chapter 15 Bankruptcy and How is It Different from a Chapter 11 Case? - Creditor’s Rights Toolkit

Troutman Pepper Locke on

Chapter 15 of the Bankruptcy Code is a mechanism for debtors to have foreign insolvency proceedings recognized in the U.S. and to have the orders entered by a foreign court in those insolvency proceedings abroad given effect...more

International Lawyers Network

Bankruptcy, Insolvency & Rehabilitation Proceedings in Canada (Updated)

KEY FACTS OF BANKRUPTCY, INSOLVENCY & REHABILITATION PROCEEDINGS UNDER CANADIAN LAW - 1. Canada's Political and Legal System - Canada has a Federal constitution that was significantly overhauled in the early 1980's,...more

42 Results
 / 
View per page
Page: of 2

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
- hide
- hide