IWIRC announces 2019 founders award winners
The International Women’s Insolvency & Restructuring Confederation (IWIRC) has announced the recipients of its 2019 founders awards, with winners in Miami, Hong Kong and London.
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Selling Assets in Chapter 15 Matters: Practical Considerations in Cross- Border Insolvencies
Asset sales under § 363 of the U.S. Bankruptcy Code [1] have become a critical component of the bankruptcy practitioner’s arsenal, and a preferred avenue of monetizing a debtor’s assets.
Asset recovery column: The long arm of the liquidating trustee – Madoff trustee reaches offshore transferees
Sequor Law attorney Cristina Vicens Beard and of counsel Andrew Dawson consider the implications for non-US entities of the US Second Circuit’s recent ruling that international comity principles should not stop clawback actions by the trustee of Bernie Madoff’s investment firm.
Thought Leaders Global Elite – Asset Recovery (GIR 2019)
Who’s Who Legal says: Edward Davis Jr is one of the foremost lawyers in our research this year. Sources note, “He is particularly strong at identifying key issues and strategizing in ways that take those key issues into consideration.”
Asset Recovery Magazine – Florida Leads the Way in Development of Chapter 15 Jurisprudence
While Chapter 15 is not a new tool—it is approaching its fourteenth birthday—it is, like many a teenager, underappreciated and at times misunderstood. This is in part because Chapter 15 is not really “bankruptcy” in the sense that it does not create a bankruptcy estate or appoint a trustee.
Lawyers Advisory Committee
The Lawyers Advisory Committee (LAC) for the Southern District of Florida Bankruptcy Court was formed in 2018 to provide a forum for communication, feedback, and resources between the judges and the bar. Its purpose includes regularly soliciting the bar for commentary regarding bankruptcy practice and receiving requests from the court to consider issues arising from the practice of law before the Court.
September 2019 Quarterly Newsletter
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Brazilian magazine group enters Chapter 15 in Florida
The administrator of a bankrupt Brazilian magazine publishing company has filed for Chapter 15 protection to search for assets its old owners may have stashed in the US.
Brazilian mining group seeks recognition in Miami
The foreign representative of a Brazilian limestone mining group has applied for Chapter 15 recognition of its liquidation in Miami, after finding it had entered several “questionable” transactions and agreements.
Miami Chapter 15 for jailed Taiwanese-British IT executive
On 11 November Tsai’s joint trustees, Begbies Traynor partners Nicholas Reed and Julie Palmer, filed two Chapter 15 petitions before the US Bankruptcy Court for the Southern District of Florida – one under his own name and another under the name of Changtel Solutions UK (Changtel), his former company.
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