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  • Henry Wang David Stammers Cécile Baume In Australia DLA PIPER appointed two new finance and projects partners – Alex Regan from Corrs Chambers Westgarth and Simon Huxley from Allen & Overy – to its Sydney office. NORTON ROSE FULBRIGHT meanwhile hired insurance partner Samantha Kelly from DLA Piper.
  • Sandra Bell One of the biggest moves in New York in the past month was the addition of Doron Kenter to ROBINS KAPLAN'S restructuring and business bankruptcy group. Kenter joined from Weil Gotshal & Manges, where he represented many notable Chapter 11 clients, including Lehman Brothers, Aleris International and Deb Shops.
  • Should distressed debtors cutback on their favourite past-time? A series of recent cases suggest the use of English law schemes of arrangement (SOA) by foreign companies could be at risk.
  • Foreign investors are worried about a lack of legal recourse following a bond default in China. That was a key message from speakers at ASIFMA's China Capital Markets Conference in late April.
  • The idyllic Mediterranean island is modernising financially
  • The Securities and Exchange Commission (SEC) turned its attentions to private equity (PE) in 2012 and introduced the need for funds to register. Four years on, counsel are still considering the impact of the changes, and PE funds themselves are learning to live with increased scrutiny.
  • The current economic downturn has caused many Brazilian companies to file for judicial reorganisation in local courts (a procedure similar to Chapter 11 of the US Bankruptcy Code)
  • A recent English court ruling serves important lessons for how to draft junior creditor rights regarding the miscalculation of interest due
  • The Minister for Finance in Ireland recently announced that the National Asset Management Agency (Nama) has written off some €1.5 billion (approximately $1.7 billion) of debts owed by 80 debtors
  • Corporate reorganisations can be classified into two main types: share transfer transactions and asset transfer transactions