Publication
Government Investigations in Singapore 2025
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
It is always a bit of a challenge to write a new and fresh introduction to the International Restructuring Newswire. So, for this issue, I decided to seek help from Copilot, the new AI-powered chat mode of Microsoft. Given the profession of many of our readers, I asked Copilot: “what are the prospects for business financial restructuring professionals given the strong US economy coupled with the geopolitical problems around the world?” I really didn’t know what kind of answer to get from our AI friend—but you can judge for yourself:
While the strong economy provides opportunities, geopolitical complexities demand vigilance. Business financial restructuring professionals must stay informed, anticipate risks, and navigate uncertainty. Their role extends beyond numbers—it’s about safeguarding businesses in a dynamic world. Remember, adaptability and foresight are their compass in uncharted waters. – [citing to a KPMG article]
Not bad, but pretty generic and obvious. We offer something different in this issue: articles providing specific analysis of recent developments in the cross-border restructuring world from our lawyers in the US, UK, Netherlands and Canada. Not to shame my friend at Copilot, but I would think the information in these articles will be of greater value as you face real problems in the nonvirtual restructuring world.
I trust that you will agree . . .
Good reading,
Howard Seife
Global Co-Head of Restructuring
New York
Scott Atkins
Global Co-Head of Restructuring
Sydney
Publication
We have contributed the Singapore chapter of Getting the Deal Through, Government Investigations 2025.
Publication
The private credit market and direct lending have grown and diversified immensely in the past decade, offering alternative sources and terms of debt compared to those historically provided by the syndicated leveraged loan and public issuance markets. Consequently, they are fast becoming pivotal components in the capital ecosystem, so much so that the Bank of England consider that the private credit market is currently responsible for approximately $1.8 trillion of debt issuance, which is four times its size in 2015. This growth has been particularly pronounced in Europe and the US but there has also been significant activity in Asia.
Publication
The EU’s Artificial Intelligence Regulation, commonly referred to as the AI Act, is expected to come into force during the summer of 2024 (the AI Act). The AI Act will be the first comprehensive legal framework for the use and development of artificial intelligence (AI), and is intended to ensure that AI systems developed and used in the EU are safe, transparent, traceable, non-discriminatory and environmentally friendly.
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