Expert Insolvency & Restructuring Lawyers

Bankruptcy

The connected relationships that our team have with their clients ensures they understand the practical and commercial challenges faced by individuals, business directors, shareholders, trustees of charities, and leaders of educational institutions dealing with financial distress. Working closely with insolvency practitioners (liquidators, administrators, bankruptcy trustees, nominees, supervisors, and receivers) our team provide clear, strategic advice…

Alex Jones has yet to pay Sandy Hook families : NPR

Bankruptcy

Right-wing conspiracy theorist Alex Jones speaks to the media after arriving at the federal courthouse in Houston for a bankruptcy hearing in June 2024. David J. Phillip/AP hide caption toggle caption David J. Phillip/AP After a frustrating and futile three years in federal bankruptcy court, the Sandy Hook families who sued Infowars conspiracist Alex Jones…

Feldmuehle GmbH files for insolvency

Bankruptcy

Feldmuehle GmbH, has been adversely and unforeseeably affected this current year due to the difficult situation in the energy markets, by unexpected increased energy costs and procurement prices for raw materials. During the current year, management has implemented extensive measures to increase operating profitability. Despite these efforts, the latently rising variable costs could not be…

Is IBC an effective resolution tool? | Explained

Bankruptcy

The story so far: More than eight years have passed since the enactment of India’s Insolvency and Bankruptcy Code (IBC). According to data from the Insolvency and Bankruptcy Board of India (IBBI), creditors have realised ₹3.89 lakh crore under the framework, with a recovery rate of over 32.8% against admitted claims. Why was the IBC…

Anil Ambani Gets Big Win! NCLAT Halts Reliance Infra Insolvency —Stock Soars 10%

Bankruptcy

Anil Ambani’s Reliance Infra Dodges Insolvency New Delhi: In a major relief to Anil Ambani-led Reliance Infrastructure, the National Company Law Appellate Tribunal (NCLAT) on Wednesday stayed an earlier order by the National Company Law Tribunal (NCLT) that had admitted the company into the Corporate Insolvency Resolution Process (CIRP). Following the news, Reliance Infrastructure shares…