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Irish Supreme Court confirms third-party litigation funding remains unlawful

Ireland - June 30 2017 Following the relaxation of rules concerning champerty and maintenance (third-party litigation funding) in England and Wales and other jurisdictions…

Alan Bennett, Olivia Bridger.

Re Diffraction Diamonds DMCC [2017] EWHC 1368 (Ch)

United Kingdom - June 27 2017 A case of two companies, one incorporated in Dubai and the other in England, involved in a network of businesses producing contrived fancy colour…

Cross Border Restructuring and Insolvency Update - May 2017

Germany, Portugal, Puerto Rico, United Kingdom - May 30 2017 This recent decision on a jurisdictional challenge has provided greater clarity and potentially created a tortious cause of action where a debtor…

Alan Bennett, Olivia Bridger.

In re Karhoo Inc, No 16-13545 (Bankr. S.D.N.Y. 2016)

United Kingdom, USA - May 24 2017 Karhoo, a US incorporated company able to benefit from the Chapter 15 US bankruptcy code provision for foreign insolvency proceedings following UK…

Alan Bennett.

Cross Border Restructuring and Insolvency Update - April 2017

Australia, Global, Jersey, Singapore, United Kingdom, USA - April 28 2017 The high profile cross border insolvency of Orb a.r.l. ("Orb") has been the subject of three linked judgments from the Royal Court in Jersey. These…

Adam Connors, Alan Bennett, Olivia Bridger.