From new policy and regulatory developments and legislative changes, to key case decisions and industry trends and predictions, our team of experts will provide you with novel insights and identify the things that matter, as they happen.
The launch of our new blog is timely. We are in the midst of a global economic downturn, with persistently high inflation and rising interest rates – along with continued supply chain disruptions and geopolitical and trade fragmentation – impacting on business and investor confidence and creating a greater risk of debt distress and default. As the International Monetary Fund identified in its latest World Economic Outlook, insolvency and debt restructuring frameworks will play a critical role in ensuring financial and debt stability in this time, and in underpinning an eventual return to growth. As governments now seek to strengthen local and regional insolvency and restructuring frameworks, 2023 will be a year of rapid legislative change in our industry.
With rapid increases in new insolvency filings in many of our regions (now exceeding pre-pandemic levels in the UK, with a similar trend expected in other regions over the course of the year), we can expect that in 2023 we will also see new case law determined on matters that will shape the future trajectory of restructuring and insolvency practice – including cryptocurrency collapses, digital assets and cross-border recognition and cooperation.
Our global restructuring lawyers – spread across more than 50 offices in over 30 countries – are at the forefront of many of the most significant cross-border restructuring and insolvency matters in the world. We are uniquely placed to draw on our expertise and experience on complex multi-jurisdictional issues and regional insolvency laws to distil, simply and clearly, what is important and what you need to know about.
We will be posting new articles, as well as videos – continuing the success of our existing video series – to Restructuring Touchpoint from each of our regions on a regular basis.
We will also be continuing the publication of our quarterly International Restructuring Newswire, featuring a collection of more detailed articles on significant restructuring and insolvency developments from across the world.
We hope you enjoy reading these insightful contributions throughout the year.