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Restructuring and real estate developers in the PRC

Gaining access to development land in the PRC has often been linked to government connections and dubious business practices. However, a number of investigations into the allegedly corrupt activities of high-level real estate executives in China have recently taken place.

China, Insolvency & Restructuring, Private Client & Offshore Services, Real Estate, DLA Piper
Not wilfully in default: the Court of Appeal's judgment in Weavering

Last week, the Cayman Islands Court of Appeal handed down its judgment in Weavering Macro Fixed Income Fund Limited (in Liquidation) (the "Fund") v Stefan Peterson and Hans Ekstrom (the "Directors").  The appeal from the first instance decision was allowed and the Grand Court's order of 26 August 2011 was set aside.  

Cayman Islands, Capital Markets, Insolvency & Restructuring, Litigation, Private Client & Offshore Services, Maples Group, Articles of association
APCOA: foreign companies increasingly using English schemes of arrangement

With APCOA Parking, the English High Court sets out the latest line of authority in the increasing use of schemes of arrangement by foreign companies.

This case, APCOA Parking (UK) Limited & Ors [2014] EWHC 997 (Ch), presents two novel aspects:

United Kingdom, Insolvency & Restructuring, Litigation, DLA Piper