Welcome to our latest issue of the International Restructuring Newswire.
"Change is inevitable in music—things change."
– John Coltrane
What legendary jazz musician John Coltrane said about music holds equally true in the restructuring world. Changes in restructuring laws and strategies are inevitable. Practitioners need to be ever vigilant of changes that will have an enormous impact on how to effectively restructure distressed companies.
In this issue, we help to keep you abreast of new developments in a variety of jurisdictions, places where Norton Rose Fulbright advises its clients on the leading cross-border restructurings. In the Netherlands, we look at new cases with far-reaching consequences using the Dutch Scheme (WHOA). Our article on the UK discusses new cross-border jurisdictional techniques based on newly incorporated English companies. How Singapore courts deal with insolvency and cryptocurrencies and evolving techniques in the US for liability management are also covered in this issue. Finally, we look at how Australia's Parliament is embracing change in its far-reaching review of Australia's insolvency laws.
Good reading! And we hope to see many of you at the upcoming INSOL International conference in Tokyo in September.
Howard Seife
Global Co-Head of Restructuring
New York
Scott Atkins
Global Co-Head of Restructuring
Sydney
Publication
Cricket players will tell you that whether a pitch is easy to bat on is not dictated by how much the balls bounce or turn, but rather, whether they do so consistently.
Publication
The 28th Conference of the Parties on Climate Change (COP28) took place on November 30 - December 12 in Dubai.
Publication
On 01 August 2024, the European Commission (EC) launched a public consultation on the draft text of the Guidelines on the application of Article 102 TFEU to abusive exclusionary conduct by dominant undertakings (the draft Guidelines).
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