Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    Cayman Islands’ Joint Provisional Liquidators Appointed Over Failed Cryptocurrency Exchange
    2023-06-17

    On 8 March 2023, the Grand Court of the Cayman Islands appointed Joint Provisional Liquidators (“JPLs”) over Atom Holdings (the “Company”), a Cayman incorporated holding company for the Atom Group, which operated a cryptocurrency exchange via an online platform known as AAX (Atom Asset Exchange).

    Filed under:
    Cayman Islands, Banking, Company & Commercial, Insolvency & Restructuring, IT & Data Protection, Litigation, Conyers, Liquidation, Cryptocurrency
    Authors:
    Jonathon Milne , Alecia Johns
    Location:
    Cayman Islands
    Firm:
    Conyers
    ‘The Debtor Shall Seek the Creditor’
    2023-06-20

    Introduction and background 

    Filed under:
    India, Banking, Insolvency & Restructuring, Litigation, Khaitan & Co, Delhi High Court
    Authors:
    Thriyambak J. Kannan , Hareepriya Narasimhan , Aditya Mukerjee
    Location:
    India
    Firm:
    Khaitan & Co
    How to Navigate the Post-FTX Crypto Bankruptcy Regulatory Landscape
    2023-06-15

    In the wake of several high-profile collapses of cryptocurrency exchanges, most notably FTX, Celsius, and Voyager, the state of the digital asset landscape is ever-changing, with more questions and landmines than clear paths forward. Among the many issues that arise in these bankruptcy cases is the question of how to treat and classify digital assets, especially cryptocurrencies—e.g., who owns the cryptocurrencies deposited by customers.

    Filed under:
    USA, Banking, Insolvency & Restructuring, Morgan, Lewis & Bockius LLP, Bankruptcy, Cryptocurrency, Federal Deposit Insurance Corporation (USA), FTX, Uniform Commercial Code (USA)
    Authors:
    Edwin E. Smith , David K. Shim
    Location:
    USA
    Firm:
    Morgan, Lewis & Bockius LLP
    Caveat Lendor: Serta Confirmation Opinion Permits Uptier with Finding of “Good Faith” and Provides Indemnity for Participating Lenders
    2023-06-13

    Summary

    Filed under:
    USA, Banking, Insolvency & Restructuring, Litigation, Morrison & Foerster LLP
    Authors:
    Seth J. Kleinman , Sean Daly , Darren Smolarski
    Location:
    USA
    Firm:
    Morrison & Foerster LLP
    US Bankruptcy Court Holds for Serta and Participating Lenders in Uptiering Transaction Dispute
    2023-06-13

    On June 6, 2023, the US Bankruptcy Court for the Southern District of Texas (the “Court”) confirmed Serta Simmons Bedding, LLC’s (“Serta”) Chapter 11 plan and held that Serta’s 2020 uptiering transaction (the “Uptiering Transaction”) did not breach Serta’s 2016 first lien credit agreement (the “Credit Agreement”).

    Filed under:
    USA, Banking, Insolvency & Restructuring, Litigation, Mayer Brown, United States bankruptcy court, US District Court for Southern District of Texas
    Authors:
    Scott Zemser , Brian Trust , Richard A. Spehr , Adam C. Wolk , Michael O. Ware , Joaquin M. C De Baca , Jason S Friedman , Christophe Wassaf
    Location:
    USA
    Firm:
    Mayer Brown
    Borrower's Undertaking Creates Equitable Assignment of Investment Proceeds
    2023-06-12

    The High Court (Court) had to determine whether proceeds from two investments in the estate in the bankruptcy of Bernard McNamara (McNamara) were payable to NALM under its security package, or whether they should be retained in the estate in the bankruptcy of McNamara for the benefit of creditors generally (substantive question).

    Filed under:
    European Union, Ireland, Banking, Insolvency & Restructuring, Litigation, William Fry, Insolvency Regulation (1346/2000) (EU)
    Authors:
    Ruairi Rynn , Craig Sowman , Jason Hollis , Gail Nohilly , Aisling Doran
    Location:
    European Union, Ireland
    Firm:
    William Fry
    English Court enforces a Dubai Court Judgment against UAE national and holds that Liability cannot be Evaded by Transferring Assets to Family
    2023-06-12

    Key Takeaways

    Filed under:
    United Arab Emirates, United Kingdom, Banking, Insolvency & Restructuring, Litigation, Dechert LLP
    Authors:
    Kay Morley , Adam Plainer , Tayyibah Arif
    Location:
    United Arab Emirates, United Kingdom
    Firm:
    Dechert LLP
    English Court enforces a Dubai Court Judgment against UAE national and holds that Liability cannot be Evaded by Transferring Assets to Family
    2023-06-12

    Key Takeaways

    Filed under:
    United Arab Emirates, Dubai, Banking, Insolvency & Restructuring, Litigation, Dechert LLP
    Authors:
    Kay Morley , Adam Plainer , Tayyibah Arif
    Location:
    United Arab Emirates
    Firm:
    Dechert LLP
    Shopping for Distressed Crypto Assets or Troubled Crypto Businesses? Don’t Leave Home Without This Roadmap
    2023-06-08

    Investing in or acquiring distressed assets can be a lucrative investment strategy for those with a healthy risk appetite and a roadmap for sourcing and evaluating quality assets.

    Following a steep run-up in crypto asset prices and valuations of crypto-adjacent businesses in the last two years, there has been a sharp increase in companies and assets in the space looking at deeply distressed valuations, liquidity crunches or formal insolvency or bankruptcy proceedings.

    Filed under:
    USA, Banking, Corporate Finance/M&A, Insolvency & Restructuring, IT & Data Protection, Mayer Brown, Blockchain, Due diligence, Cryptocurrency, Confidential information, Insolvency, US Securities and Exchange Commission
    Authors:
    Joseph A. Castelluccio , Matteo Daste , Joaquin M. C De Baca , Douglas E. Spelfogel
    Location:
    USA
    Firm:
    Mayer Brown
    Leap in crypto currency ownership = time for an insolvency refresher?
    2023-06-08

    ne in three of us own crypto currencies, crypto ownership is estimated to have doubled in the UK last year – and two of the world’s biggest crypto exchanges face lawsuits from the securities regulator, the SEC, in the US. Three statistics from the FT this week that put warnings from the UK’s financial regulator – that crypto is largely unregulated and high risk, and investors should be prepared to lose all their money – into context. The FCA noted that it is up to consumers to decide whether to buy crypto, but that many regret making a hasty decision.

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, IT & Data Protection, Stevens & Bolton LLP, Cryptocurrency, Insolvency, Financial Conduct Authority (UK)
    Authors:
    Joanna Charter
    Location:
    United Kingdom
    Firm:
    Stevens & Bolton LLP

    Pagination

    • First page « First
    • Previous page ‹‹
    • …
    • Page 22
    • Page 23
    • Page 24
    • Page 25
    • Current page 26
    • Page 27
    • Page 28
    • Page 29
    • Page 30
    • …
    • Next page ››
    • Last page Last »
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days