Donald Bernstein, chair of Davis Polk’s Restructuring Group, will co-chair the 2nd  Global Restructuring Review Live New York program. The event will cover key issues in global restructuring and insolvency through two sessions:

  • Enforceability. The recognition of insolvency judgments has been called into question by recent case law, i.e. the Rubin case. This session will look beyond UNCITRAL to recent case law and ask: to what extent do these judgments throw out the outcomes of insolvency processes? How will this uncertainty affect would-be insolvency hubs that have few local contacts with debtors or creditors?
  • Does Europe need a Chapter 11? A perspective from the US. One of the notable aspects of the new EU pre-insolvency directive is its proposal of a uniform restructuring framework that incorporates Chapter 11-like elements such as the availability of a stay, protections for lenders providing new money, and absolute priority rule-like elements.

The program will be held on September 26, 2018, in New York.

For more information, please visit the event website.

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