Welcome to this year’s first issue of the International Restructuring Newswire where our lawyers from around the globe share their insights facing all of us in the restructuring realm.
I expect all will agree that these are unprecedented times with long established trade alliances and international conventions being challenged. As a global firm we strive to reach out to all our clients and friends in all corners of the world to give updated information and advice to help their businesses strive in these challenging times.
In this issue, we look at the latest news and views from both the US and the UK on the hot issues related to liability management transactions, an important decision on business rescue in South Africa, new legislation on the special treatment of perishable fruits and vegetables in Canadian insolvencies, and finally the lessons learnt from the US chapter 11 of Scandinavian Airlines, the first European airline to fly through chapter 11.
We hope you will find these articles useful.
Scott Atkins
Global Head of Restructuring
Sydney
Publication
The destruction of the 46,000-year-old Juukan Gorge rock shelters in 2020 was a wakeup call for project proponents on the importance of successfully managing Aboriginal and Torres Strait Islander cultural heritage risks.
Publication
In light of the documentary ‘Buy Now! The Shopping Conspiracy,’ the global issue of ‘e-waste’ has become a topic of conversation in many households.
Publication
The Australian Transaction Reports and Analysis Centre (AUSTRAC) has initiated consultation on its second exposure draft of the Anti-Money Laundering and Counter-Terrorism Financing Rules 2025 (Cth) (Draft Rules) and the AML/CTF (Class Exemptions and Other Matters) Rules 2007 (Cth) (Class Exemption Rules).
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