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
Canada and the European Union signed a Security and Defence Partnership (SDP), which formalizes a mutual intent to foster closer ties by establishing a framework for dialogue and cooperation across the full security and defence spectrum.
Publication
The Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) is now half way through its first phase of compliance, while the supporting regulatory frameworks constituting the building blocks for the CORSIA and Article 6 markets are incrementally being cemented in place and the market is developing fair mechanisms for managing key gap risks.
Publication
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