The Kingdom  of Bahrain enacted a new bankruptcy law in December 2018, sweeping away its previous legislation and replacing it with a thoroughly modern toolkit. The law is a revolutionary improvement compared to what existed before, said lawyers polled by Debtwire.

We've put together all the insights from the 2017 CEE Restructuring Forum where we looked at the Ukraine, legal updates and the Agrokor situation. 

• Sberbank granted appeal to recover assets held against Agrokor including retail chain Mercator
• Agrokor secures recognition from UK court for administration proceedings as owner Ivica Todoric is released from UK custody on bail
• The company’s €1.06bn roll-up and new money facility will receive a further €100m from supplier creditors

The UK scheme of arrangement will face stiff competition following Brexit and the European Commission’s directive, according to a panel of investors and lawyers at Debtwire’s Germany Forum held at Frankfurt’s Villa Kennedy on Wednesday (13 September). The panel, moderated by Latham & Watkins partner Frank Grell, considered the restructuring routes available to investors; whether the UK scheme will lose its appeal post-Brexit, and what alternative restructuring tools may be available, particularly in light of the EU harmonisation initiative.

On Wednesday, the Debtwire European Restructuring Forum 2016 afforded delegates an excellent opportunity to engage with market participants discussing the latest developments in the European restructuring landscape.

On the sidelines of Debtwire's Germany Forum in Frankfurt, the chair of Latham & Watkins' German insolvency practice Frank Grell, summarises what updates to the ESUG regime hope to achieve. 

Court Reporter Pat Holohan lists the top five moments from court hearings he either dialed into or attended in person during 1H16.

Cross-border and cross asset-class convergence rumbles on in the European high yield bond and leveraged loan markets. 

Following recent changes to insolvency procedures in Italy, a panel of experts discussed the issues facing investors and future legal developments.