Publication
How the new Building Canada Act works
On June 26, Bill C-5, the One Canadian Economy Act, received royal assent. The One Canadian Economy Act introduces two pieces of legislation aimed at bolstering economic development in Canada.
International restructuring newswire
We are constantly reminded that the restructurings of global businesses require legal experience in multiple jurisdictions. Cognizant of the need to stay abreast of developments in major economic centers, we feature articles in this issue on new cross-border developments in Australia, the UK, Canada and the US.
Given our market-leading experience throughout the world in representing global financial institutions in complex, cross-border restructurings, we are pleased to announce an upcoming video series, the Norton Rose Fulbright Global Restructuring Institute. Led by Howard Beltzer, the series will include three separate programs, with faculty consisting of senior restructuring lawyers from throughout our network. The first program will tackle general issues in multinational restructurings, including jurisdictional requirements, restructuring options, ancillary foreign proceedings, and the ability to obtain recognition of foreign proceedings. The second program will focus on litigation issues attendant to cross-border restructurings, including lender liability, preferences and fraudulent conveyances, equitable subordination, releases and cramdown/voting issues. The third program will address corporate and enforcement issues, such as foreclosure and exercise of remedies, credit bidding, corporate governance, and derivative and related transactions. We hope to address the most important and timely issues in the global restructuring arena. Please look for further details in coming weeks.
I would be remiss in not noting the passing of a good friend and one of the titans of the restructuring and insolvency world. Gabriel Moss passed away on March 15. Gabriel was an internationally recognized UK barrister and scholar. We worked with Gabriel on numerous occasions, including as our expert on schemes of arrangement in Hopewell, the landmark recognition case before the late Chief Judge Tina Brozman in the Southern District of New York. Not only did he provide insightful testimony before the court, but his easy-going manner clearly charmed the judge (and we prevailed to boot).
He will be greatly missed.
Howard Seife
Global Head
Financial Restructuring and Insolvency
Latest airline news – Avianca Brazil: what happens in Cape Town stays in Cape Town
April 2019
Review of jurisdictional issues in recent cross-border schemes of arrangement
April 2019
Re OJSC International Bank of Azerbaijan [2018] EWCA Civ 2802
April 2019
Impact of the Australian Banking Royal Commission on insolvency professionals
April 2019
Recent publications
Publication
Real estate focus: June 2025
In this edition we report on the Law Commission’s interim statement on 1954 Act reform following its two November consultations. We then examine the facts, judgments and implications of 3 recent cases: Emily Colville comments on the progress of a case determining whether or not a roof top garden should be considered a “storey” for the purposes of the Building Safety Act 2022.
Subscribe and stay up to date with the latest legal news, information and events . . .