A&O Shearman global insights

Global restructuring outlook – episode #3: The growing influence of private credit funds on restructuring situations – and what the future holds

The increasing presence of credit funds and other private capital investors in restructuring processes is changing the dynamics of deals. Here we explore the impact of credit funds around the world.

 

If you found this episode interesting, you might like to explore the rest of our global restructuring series: 

• Global restructuring outlook – episode #1: What the U.S. Supreme Court’s ruling in the Purdue Pharma case means for future Chapter 11 proceedings
• Global restructuring outlook – episode #2: How new laws, litigation, and cutting-edge transactions are redefining the European restructuring landscape
• Global restructuring outlook – episode #4: What effect the struggles facing China’s real estate sector could have on the Chinese and Hong Kong economies
• Global restructuring outlook – episode #5. How three big deals and a new bankruptcy law have transformed the UAE restructuring market.

Global restructuring outlook – episode #2: How new laws, litigation, and cutting-edge transactions are redefining the European restructuring landscape

Restructuring laws across EU member states continue to evolve following the implementation of the EU Preventive Restructuring Directive. At the same time, European restructuring processes are becoming more contentious. In the second episode of our Global restructuring outlook podcast series, our team summarize recent key developments

 

If you found this episode interesting, you might like to explore the rest of our global restructuring series: 

• Global restructuring outlook – episode #1: What the U.S. Supreme Court’s ruling in the Purdue Pharma case means for future Chapter 11 proceedings
• Global restructuring outlook – episode #3: The growing influence of private credit funds on restructuring situations – and what the future holds
• Global restructuring outlook – episode #4: What effect the struggles facing China’s real estate sector could have on the Chinese and Hong Kong economies
• Global restructuring outlook – episode #5. How three big deals and a new bankruptcy law have transformed the UAE restructuring market.

Global restructuring outlook – episode #1: What the U.S. Supreme Court’s ruling in the Purdue Pharma case means for future Chapter 11 proceedings

The ruling by the U.S. Supreme Court in ‘Harrington v. Purdue Pharma L.P.’ outlawed non-consensual third-party releases in Chapter 11 bankruptcies. In the first episode in our Global restructuring outlook podcast series, Luckey McDowell, our U.S. head of restructuring, and Fred Sosnick, co-head of our global restructuring team, explain the impact of the decision.

 

If you found this episode interesting, you might like to explore the rest of our global restructuring series:

• Global restructuring outlook – episode #2: How new laws, litigation, and cutting-edge transactions are redefining the European restructuring landscape
• Global restructuring outlook – episode #3: The growing influence of private credit funds on restructuring situations – and what the future holds
• Global restructuring outlook – episode #4: What effect the struggles facing China’s real estate sector could have on the Chinese and Hong Kong economies
• Global restructuring outlook – episode #5. How three big deals and a new bankruptcy law have transformed the UAE restructuring market.

Reflections on key outcomes of COP29

The UN Climate Change Conference Baku (COP29) ended on Sunday, November 24, 2024. We convened a panel of specialists from our Brussels, London, New York and Paris offices to provide a rundown of notable outcomes from COP29.

Our panelists shared their reflections through the lens of specialist legal advisors spanning multiple practice areas, including environment and climate, carbon markets, energy, natural resources and infrastructure, project finance and international trade.

In this podcast, we outline the key topics explored in the podcast (originally a live webinar which was recorded on Tuesday, November 26, 2024). 

Climate Change Litigation - Gli ultimi sviluppi

Discover the latest developments in Climate Change Litigation with our expert Marco Lupoli, who analyzes the recent ruling by the Hague’s Court of Appeal and its implications for future cases.

The Fuse Podcast: Distributed ledger technology and collateral mobility

Welcome to the latest episode of The Fuse Podcast. This time, Fuse leader Shruti Ajitsaria leads a fascinating conversation on how distributed ledger technology can help to enhance collateral mobility.

DLT is a method of recording asset transactions, such as securities, where details of the transaction are recorded in multiple places at the same time.

Collateral in capital markets includes equities and fixed income bonds, used primarily as a credit mitigant. But there are challenges in moving collateral between custodians and risks of failing to deliver. There is a need for more efficient collateral management, and that is where DLT comes in. By tokenizing collateral to enhance mobility without moving the underlying assets, DLT can be used for precise and efficient settlement.

To discuss this on The Fuse Podcast by A&O Shearman, we are joined by:

• Olly Benkert, co-founder and chairman of HQLAx, a Fuse cohort member who enhance efficiencies in the securities finance and repo industry using DLT
• Mathew McDermott, global head of digital assets at Goldman Sachs
• Phiippe Noeltner, partner at A&O Shearman specialising in debt securities issuance, fintech, derivatives and market infrastructure.

In the conversation, we cover the regulatory and legal considerations to support DLT-based collateral management, as well as the likelihood of market adoption and the future integration of DLT.

Workers' rights in the wake of Donald Trump's election win

The recent election of Donald Trump as president of the United States has sparked widespread discussion and concern about the future of employment laws, not just in the U.S. but across the globe. As the political landscape shifts, it is important to understand how these changes may affect employment laws, worker protections, and labour relations worldwide.

Restructuring Across Borders Toolkit - Italy

We have recently relaunched A&O Shearman’s Restructuring Across Borders Toolkit. This resource is developed by our market-leading restructuring group (where applicable, in conjunction with our partner law firms) offering a free and easy-to-use resource that provides information and guidance on key practical aspects of restructuring and insolvency proceedings in more than 50 jurisdictions around the world.

To celebrate this relaunch colleagues from across our European network have sat down with Christopher Poel to discuss what pre-insolvency rescue and compromise proceedings are available to debtors in those jurisdictions, whether there have been any novel or exciting uses and deployments of those processes, and if there’s anything interesting coming down the line.

The last podcast in the initial series sees Christopher Poel sit down with Tommaso Paltrinieri and Giulia Longoni to discuss some of the recent changes to the Italian Crisis and Insolvency Code, the in- and out-of-court restructuring tools available to debtors in Italy, and some of the key features and requirements of those procedures

All change ahead – employer duties around sexual harassment, fire and rehire, and trade unions

This autumn has been particularly eventful for HR professionals with the introduction of the new obligation on employers to take reasonable steps to prevent sexual harassment, alongside the publication of the Employment Rights Bill.  

In this podcast, Sarah Henchoz, the global head of employment litigation, offers her expert insights and best practice tips on what constitutes reasonable steps for employers. She also delves into some of the less-publicised aspects of the Employment Rights Bill, including provisions on third-party harassment, changes to fire and rehire practices, and various trade union reforms.  

The Fuse Podcast: Asset Tokenization

The latest episode of The Fuse Podcast is an insightful exploration of a transformative concept poised to revolutionize the finance industry - asset tokenization.