In the April 2021 edition of the American Bankruptcy Institute Law Journal, partner Kyle J. Ortiz and co-authors Richard J. Cooper and Thomas S. Kessler of Cleary Gottlieb Steen & Hamilton LLP discuss the treatment of equity under foreign law and the U.S. Bankruptcy Code. As more and more restructurings involve cross-border issues, the article provides key insights on how shareholders may (or may not be) impacted by the insolvency laws of varying— and sometimes competing—jurisdictions.
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Togut, Segal & Segal co-authors article with Cleary Gottlieb in the ABI Journal addressing the treatment of shareholders under foreign law and the U.S. Bankruptcy Code
Apr 4, 2021 | News & Announcements
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