Topic
Debt Restructuring
140 published works
China Law Insight
西王集团和解协议经债权人高比例表决通过
By King & Wood
2020年3月31日上午，在西王集团有限公司（简称“西王集团”）和解案第一次债权人会议上，西王集团的和解协议获得出席会议有表决权人数89.57%、债权总金额占比86.41%的债权人高比例表决通过。至此，西王集团2019年以来的债券违规风险，在地方政府、债权人、企业和中介机构等各方的努力推动下，得到有效化解。本项目为目前国内有史以来涉及资产及债务规模最大的和解案件、也是国内首例依托司法和解程序集中化解违约债券风险的案例。此次债权人会议由邹平市人民法院主持，在疫情期间以网络会议方式进行。
Credit Chronometer
Hertz Nears Temporary Deal with ABS Creditors
Joseph Cioffi was quoted in a GlobalCapital article, "Hertz Nears Temporary Deal with ABS Creditors.”
Real Bankruptcy Intel
Cirque Du Soleil and Travelport Transactions Create Controversy
By Sean T. Scott, Aaron Gavant, Alexander F. Berk
In transactions reminiscent of the contentious JCrew “trap door” transaction of 2017, performance entertainment company Cirque du Soleil and travel booking company Travelport Worldwide Ltd. each recently obtained more favorable…
Restructuring Globalview
COVID-19: Poland’s Parliament Nears Passage Of Extraordinary Debtor Restructuring Relief
By Marcin Wnukowski, Małgorzata Olech
Poland’s Parliament is expected to pass legislation on Wednesday (3 June) that will offer expedited and simplified restructuring procedures for debtors. This will be the fourth in a series of…
Real Bankruptcy Intel
What We’re Reading This Week [Apr. 27, 2020]
By Sean T. Scott, Aaron Gavant, Alexander F. Berk
The American Bankruptcy Institute reports that California Pizza Kitchen Inc. is seeking an out-of-court debt restructuring in an effort to avoid a chapter 11 bankruptcy. The company is reportedly seeking…
Free Writings + Perspectives
Debt Restructuring During the COVID-19 Pandemic – Key Tax Considerations
By Remmelt Reigersman, Brennan W. Young
Businesses are under unprecedented stress due to the global COVID-19 pandemic. Many of these businesses need some form of relief on their debt obligations in order to avoid triggering defaults,…
Gravel2Gavel
Distressed Real Estate During the Pandemic: The Importance of Pre-Negotiation Agreements for Borrowers and Lenders
By Pillsbury's Construction And Real Estate Law Team
By Pillsbury's Construction & Real Estate Law Team The coronavirus pandemic is resulting in a wave of forbearances and workouts. A frequent first step is the pre-negotiation agreement. In “Distressed…
Finance & Bankruptcy Law Blog
Troubled Debt Restructuring: Phase 3 Stimulus Bill
By Kyle Mathews, Joel Bannister, Evan Hall
On March 25, 2020, the Senate passed an amendment to H.R. 748, the Coronavirus Aid, Relief, and Economic Security Act (as amended, the “CARES Act”), which (as of March 26,…
Al-Mirsal
COVID-19: Managing Financial Difficulties in the United Arab Emirates
Understanding bankruptcy laws in the UAE and DIFC in the context of COVID-19-related financial pressures. By Nomaan A. Raja and Aly Kassam COVID-19 has already caused wide-scale disruption to numerous…
Litigation Finance Journal
MENA’s Pre-Eminent Financial Restructuring Summit Returns to Dubai This September
By John Freund
Dubai: Middle East Global Advisors, a leading financial intelligence platform spearheading the development of knowledge-based economies in the MENASEA markets, will convene The 2nd Annual Corporate Restructuring Summit (CRS 2019) – the MENA region’s…