The 2010 guide to Restructuring & Insolvency

• France: LBOs in difficulty

  Rod Cork and Mark Santoni of Allen & Overy discuss recent trends in the treatment of struggling leveraged buyouts

• Hungary: Threats to directors

  Mihály Barcza and József Bulcsú Fenyvesi of Oppenheim discuss directors’ duties for identifying threatening insolvency

• Indonesia: Different ways to restructure

  Theodoor Bakker and Herry Kurniawan of ABNR Counsellors at Law focus on the development of local law since the 1998 crisis

• Luxembourg: Lessons from Lehman and Iceland

  Fabio Trevisan and Elisabeth Omes of Bonn Schmitt Steichen discuss how Luxembourg dealt with Kautphing, Landbanki, Glitnir and Lehman

• Russia: Influx of rules

  CMS Russia lawyers David Cranfield, Sergei Yuryev, Grant Williams and Jarek Olszowka’s overview of developments in the Russian legislative regime

• South Korea: Lessons from Kumho

  How the Kumho Asiana Group is restructuring by Eunjai Lee and Yong-Jae Chang of Lee & Ko

• Switzerland: Statutory framework for companies in distress

  Alexander Vogel, Wolfgang Müller and Daniel Schoch of meyerlustenberger outline the Swiss insolvency regime

• Ukraine: Time consuming and costly

  Oleksiy Didkovskiy and Andriy Pozhidayev of Asters give an overview of why the insolvency procedure in Ukraine needs overhauling

• UAE: Restructuring under Islamic finance

  Bashir Ahmed and Aly Shah of Afridi & Angell discuss the UAE’s shariah compliant regime

• UK: An ongoing saga

  Joe Bannister and Margaret Kemp of Hogan Lovells International investigate the anti-deprivation principle and related case law

• US: Putting section 363 asset sales to work

  Lisa Schweitzer and Joel Moss of Cleary Gottlieb Steen & Hamilton investigate the trends associated with the rise of asset sales under section 363 of the Bankruptcy Code