Worldwide: Financial Restructuring

Riveron's Q2 2026 Restructuring & Turnaround brief examines how companies across multiple industries are navigating elevated financial distress amid tighter credit conditions, rising debt maturities, and persistent operational pressures. The analysis explores sector-specific challenges from aerospace to retail, highlighting how management teams and lenders are addressing liquidity constraints and restructuring risks in an increasingly selective credit environment.

Judge Glenn recently became the first U.S. bankruptcy judge to recognize a Luxembourg judicial reorganization by collective procedure (the Luxembourg Proceeding or JRP) as a “foreign main proceeding” under Chapter...

Moore & Van Allen attorney Reginald Sainvil examines the governance challenges and litigation risks that emerge when control of financially distressed companies shifts at the board level through "board flips."

A Delaware bankruptcy court has ruled that trustees can pursue fraudulent transfer recovery from subsequent transferees without naming the initial transferee as a defendant, though they must still prove the initial transfer was avoidable. This decision resolves a circuit split by adopting the majority view that treats avoidance as an element of liability rather than a prerequisite action, potentially streamlining bankruptcy litigation and estate recovery efforts.

Life sciences companies with promising science and strong management can still face severe financial distress due to failed trials, regulatory delays, or collapsed financing.

Led by our Creditors’ Rights attorneys, this summer series brings the classroom to the courtroom, drawing on real, headline-making cases to explore the tools, tactics, and legal frameworks that matter most to lenders navigating distress.

Explore critical insights across multiple sectors including Middle East construction challenges amid regional conflict, the intersection of financial reporting valuations and tax compliance, large-scale financial remediation...

A Delaware District Court has affirmed that Chapter 15 of the Bankruptcy Code permits U.S. recognition and enforcement of third-party releases approved in foreign insolvency proceedings, distinguishing this framework from the Supreme Court's Purdue decision that limited such releases in domestic Chapter 11 cases. The ruling in the Crédito Real case establishes that international comity principles and Chapter 15's distinct purpose of facilitating cross-border restructurings allow courts to honor foreign

Highly leveraged companies structured as partnerships face complex tax implications when restructuring debt obligations, particularly regarding cancellation of debt income.