Beyond COVID-19: Bankruptcy, financial restructuring and insolvency

Restructuring your business: The Asian perspective

In the current economic climate, and particularly in the context of the implications of COVID-19 (coronavirus), many businesses are considering restructuring and/or rescheduling indebtedness.

Global | Update | February 02, 2023

Professor Omar Salah on the WHOA: 'We are increasingly moving towards a business rescue culture'

Omar Salah, partner at Norton Rose Fulbright and professor at Tilburg University, reflects on the restructuring practice.

Global | Publication | June 01, 2022

The use of mediation to improve global restructuring outcomes in a post-pandemic world

Writing exclusively for GRR, Debra Grassgreen and Scott Atkins make a case for why mediation has an important role to play in global restructuring reform going forward.

Global | Publication | October 25, 2021

APKI Webinar: COVID-19 Temporary Measures to Prevent the Increasing Insolvency and PKPU Petitions in Indonesia

Scott Atkins will participate in a webinar organised by the Indonesian Receivers and Administrators Association (AKPI) to discuss insolvency measures in response to COVID-19.

Global | Webinar | August 24, 2021

The New World Bank Insolvency Principles: Informal Workouts and MSE Insolvency Processes as Key Pillars of Economic and Financial Stability

On 22 April 2021, the World Bank released the revised edition of its Principles for Effective Insolvency and Creditor/Debtor Regimes (‘Principles’).

Australia | Publication | July 19, 2021

Contagion Liability Risk in the United States and Australia for Parent Entities Arising from the Insolvency of a Subsidiary

With the influx of insolvency cases expected on a global basis in coming months as government support measures are wound back, now is an opportune time for businesses to consider the extent of their potential exposure if a subsidiary liquidates. In particular, can losses be isolated within a liquidating subsidiary, or will there be a contagion effect, so that a parent entity may be held liable for the outstanding debts of the subsidiary?

Global | Publication | July 19, 2021

An Australian perspective: Directors’ duties in an insolvency context

UNCITRAL’s Legislative Guide on Insolvency Law is one of the key international policy frameworks intended to assist lawmakers globally to implement optimal insolvency processes.

Global | Publication | June 15, 2021

UK: The Corporate Insolvency and Governance Act 2020 (CIGA)

The UK government has recently published its draft new insolvency and restructuring procedures and measures, with the aim of supporting companies in financial distress following the COVID-19 pandemic and the resulting economic crisis, in the Corporate Insolvency and Governance Bill 2020 (Bill).

United Kingdom | Publication | October 19, 2020

Australia: Insolvency law refresher for financial institutions

The pandemic has created significant financial and operating challenges for all Australian businesses.

Australia | Publication | September 01, 2020