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    Another Appellate Court Vacates a Bankruptcy Court Contempt Judgement
    2022-12-12

    The Southern District of New York vacated a bankruptcy court’s judgment holding a debtor’s business competitor (C) “in contempt for violation of the [Bankruptcy Code’s] automatic stay…and assessing sanctions” of $19.2 million. In re Windstream Holdings, Inc., 2022 WL 5245633, *1 (2) (S.D.N.Y. Oct 6, 2022).

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Schulte Roth & Zabel LLP
    Authors:
    Michael L. Cook
    Location:
    USA
    Firm:
    Schulte Roth & Zabel LLP
    Mexico: Interim Injunctions in Bankruptcy Proceedings
    2022-12-09

    Diego Sierra and Jessika Rocha, Von Wobeser y Sierra, SC

    This is an extract from the 2023 edition of GRR's the Americas Restructuring Review. The whole publication is available here.

    In summary

    Filed under:
    Mexico, Insolvency & Restructuring, Litigation, Global Restructuring Review, Bankruptcy, Insolvency
    Location:
    Mexico
    Firm:
    Global Restructuring Review
    A Line in the Sand: Caymans Proceeding Ineligible for Chapter 15
    2022-12-09

    Chapter 15 of the Bankruptcy Code provides a mechanism for United States cooperation and coordination with insolvency proceedings abroad, often affording foreign debtors wide-ranging relief and expansive rights through the United States Bankruptcy Court system. Not all proceedings in foreign jurisdictions are eligible — in order to be so, a proceeding must constitute a “foreign proceeding” under the Bankruptcy Code.

    Filed under:
    Cayman Islands, USA, Company & Commercial, Compliance Management, Insolvency & Restructuring, Litigation, Crowell & Moring LLP, Corporate governance, Mediation, United States bankruptcy court
    Authors:
    Frederick (Rick) Hyman
    Location:
    Cayman Islands, USA
    Firm:
    Crowell & Moring LLP
    Recent Developments in DIP Financing for International and Domestic Debtors
    2022-12-09

    Richard J Cooper, Lisa M Schweitzer, Jessica A Metzger and Richard C Minott, Cleary Gottlieb Steen & Hamilton

    This is an extract from the 2023 edition of GRR's the Americas Restructuring Review. The whole publication is available here.

    In summary

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Global Restructuring Review, Private equity, Debtor in possession
    Location:
    USA
    Firm:
    Global Restructuring Review
    Global Restructuring around the world: British Virgin Islands
    2022-12-09

    Peter Ferrer, Harneys

    This is an extract from the 2023 edition of GRR's the Americas Restructuring Review. The whole publication is available here.

    In summary

    Filed under:
    British Virgin Islands, Insolvency & Restructuring, Litigation, Global Restructuring Review, Insolvency, UNCITRAL, UK Supreme Court
    Location:
    British Virgin Islands
    Firm:
    Global Restructuring Review
    Implications of the Rule in Gibbs on the Effectiveness of Schemes of Arrangement to Compromise US Law-governed Debt
    2022-12-09

    Gregg Galardi, Daniel Anderson, Matthew Czyzyk, Janice Ng, Natalie Blanc and Emily Ma, Ropes & Gray

    This is an extract from the 2023 edition of GRR's the Americas Restructuring Review. The whole publication is available here.

    In summary

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Global Restructuring Review
    Location:
    USA
    Firm:
    Global Restructuring Review
    Mexico: The Pandemic Aftermath
    2022-12-09

    Juan Carlos Machorro, Carlos Olvera and Ricardo Orea, Santamarina y Steta

    This is an extract from the 2023 edition of GRR's the Americas Restructuring Review. The whole publication is available here.

    In summary

    Filed under:
    Mexico, Insolvency & Restructuring, Litigation, Global Restructuring Review, Debtor
    Location:
    Mexico
    Firm:
    Global Restructuring Review
    Global Restructuring around the world: Chile
    2022-12-09

    Gianfranco Lotito, Cuatrecasas

    This is an extract from the 2023 edition of GRR's the Americas Restructuring Review. The whole publication is available here.

    In summary

    Filed under:
    Chile, Insolvency & Restructuring, Litigation, Global Restructuring Review
    Location:
    Chile
    Firm:
    Global Restructuring Review
    Global Restructuring around the world: Cayman Islands
    2022-12-09

    Mark Goodman and Katie Logan, Campbells

    This is an extract from the 2023 edition of GRR's the Americas Restructuring Review. The whole publication is available here.

    In summary

    Filed under:
    Cayman Islands, Insolvency & Restructuring, Litigation, Global Restructuring Review, Supply chain, Articles of association, NASDAQ
    Location:
    Cayman Islands
    Firm:
    Global Restructuring Review
    The EU Adaption of Important Chapter 11 Provisions
    2022-12-09

    Ken Baird, Mark Liscio, Michael Broeders, Marvin Knapp, Samantha Braunstein, Katharina Crinson, Laurent Mabilat, Ana Lóppez and Silvia Anggós, Freshfields Bruckhaus Deringer

    This is an extract from the 2023 edition of GRR's the Americas Restructuring Review. The whole publication is available here.

    In summary

    Filed under:
    European Union, Insolvency & Restructuring, Litigation, Global Restructuring Review, Insolvency
    Location:
    European Union
    Firm:
    Global Restructuring Review

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