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International Edition

Will Billing Rates for Elite Firms Rise More in 2020?

Kirkland & Ellis said it typically increases the hourly rates of its professionals twice a year. But in 2020, routine rate hikes by big firms are not certain, observers said.
6 minute read

International Edition

Clifford Chance Oversees $6B Debt Restructuring For Major Aircraft Lessor

One of the world's leading regional aircraft lessors, Denmark's Nordic Aviation Capital, is seeking to improve its liquidity position amid the global crisis.
3 minute read

International Edition

Boies Schiller Executive Committee Member Exits As Firm Adds 2 Bankruptcy Partners

While confirming Bob Cooper's departure, Boies Schiller said it had hired two bankruptcy partners in London and New York.
4 minute read

International Edition

Weil Adds Brooks Brothers to Its Busy Slate of Retail Bankruptcies

As the pandemic leads to more bankruptcies, Weil, Gotshal & Manges is expanding its client portfolio in the retail sector with representations of J.Crew, Brooks Brothers and others.
3 minute read

International Edition

Davis Polk Guides Aeroméxico Through Chapter 11 Restructuring

Three Latin American carriers, two of which are Delta Air Lines partners, have filed for bankruptcy protection in the U.S. due to COVID-19.
4 minute read

International Edition

A&O Hires Sydney Insolvency Partner from Baker McKenzie

Firms in the region are witnessing an increase in insolvency and restructuring work.
2 minute read

International Edition

Bain Capital Buys Struggling Virgin Australia, Taking It Out of Administration

Bain was advised by Herbert Smith Freehills. Cyrus Capital, which was advised by Jones Day, said it had withdrawn from the bidding process.
2 minute read

International Edition

Allen & Overy, Freshfields and Linklaters Take On Intu Administration

Linklaters is a long-standing adviser to the property company, while other firms have taken a range of mandates.
2 minute read

International Edition

Wirecard Calls On Top Law Firms Amid Insolvency, Accounting Scandal

The German Fintech payments provider, once worth over €20 billion, filed for insolvency on Thursday shortly after its CEO was arrested on accounting fraud charges.
3 minute read

International Edition

Kirkland Bags Another Retail Insolvency Mandate

The US firm has picked up a role for a fashion retailer on its CVA applications in the UK and North America.
2 minute read

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