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International Edition

US Law Firms Clinch $4.8B Debt Restructuring for Brazilian Miner Samarco

The joint venture between Brazil's Vale and BHP has required extensive assistance from Cleary Gottlieb, Davis Polk, Sullivan & Cromwell, Norton Rose and more than a dozen Brazilian law firms in the wake of a devastating tailings dam collapse in 2015.
3 minute read

International Edition

Major Law Firms Secure Roles as Selfridges and Chrysler Building Co-Owner Files for Bankruptcy

Austria-based Signa racked up debts numbering in the billions, it has been widely reported.
2 minute read

International Edition

SRA Spares UK Lawyers from One-Off Axiom Ince Payment

The regulator has opted against implementing a cap on the amount that can be claimed against its compensation fund, as the "the scale of consumer loss would be too large" and would lead to "an unacceptable loss in public confidence in solicitors".
2 minute read

International Edition

SRA Discovered Axiom Ince Client Account Shortfall Three Months Before Closing Firm

Earlier this week, the UK's Serious Fraud Office arrested seven individuals and carried out searches across nine locations as part of a criminal investigation into Axiom Ince.
2 minute read

International Edition

SFO Raids Axiom Ince Offices, Makes Seven Arrests

SFO investigators were accompanied by Metropolitan Police officers as they raided offices in locations in the South East of England early Tuesday morning.
2 minute read

International Edition

Kirkland & Ellis Leads as WeWork Files for Bankruptcy

The workspace pioneer, which made a Chapter 11 filing, has been struggling since its 'flopped' 2019 IPO and throughout the pandemic.
2 minute read

International Edition

Paul Hastings Secures Restructuring Co-Chair With KKR Hire

The lawyer previously worked as managing director on the credit team at KKR.
2 minute read

International Edition

Sidley Austin, Maples Land Roles In Country Garden's $17B Offshore Debt Restructuring 

The distressed Chinese private property developer has been battling about $190 billion in total liabilities, coupled with nearly $11 billion in offshore debt and $6 billion in offshore loans.
2 minute read

International Edition

Linklaters Secures £925M Rescue Deal for Embattled Metro Bank

Herbert Smith Freehills and White & Case also played roles on the rescue deal.
3 minute read

International Edition

Head of Restructuring and Insolvency at Australia's Gilbert + Tobin to Leave

Dominic Emmett, who has acted on some of Australia's largest deals in his 30-year career, will be joining an as-yet-unnamed firm.
2 minute read

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