Cross-Border Insolvency Disputes and Investigations

Kobre & Kim serves as special counsel in high-stakes, complex restructuring and insolvency litigation and investigations for corporate boards, investment funds, special committees, creditors and creditor committees, debtors, liquidators, trustees and other investors. We often work cooperatively with clients’ existing legal teams as special counsel and can be adverse to virtually any institution. 


Events November 13, 2024

Kobre & Kim Sponsors Annual RISA BVI Quiz

Kobre & Kim, together with Teneo, sponsored this year’s annual Recovery and Insolvency Specialists Association British Virgin Islands on November 6 at Tortola Sports Club.

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Accolades November 7, 2024

Kobre & Kim, Peter Tyers-Smith Earn The Legal 500 Recognition for Dispute Resolution in the Cayman Islands

In recognition of the strength of the firm’s capabilities offshore, The Legal 500 has ranked Kobre & Kim highly for “Dispute Resolution” in the Cayman Islands.

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Events October 17, 2024

Jason Kang, Jef Klazen and Jian Wu to Present at Seminar on Asset Protection for Chinese Companies and Individuals

Kobre & Kim’s Jason Kang, Jef Klazen and Jian Wu will present at a closed-door seminar focused on asset protection for Chinese clients held at Zhong Lun Law Firm’s Beijing office on October 22, organized by Zhong Lun Law Firm, Kobre & Kim and STEP China.

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Events October 1, 2024

Kobre & Kim’s New York Team Hosts Intelligeast Chinese Lawyers

Kobre & Kim’s New York team including Daniel Saval, Jef Klazen, and Vincent Yiu will host a group of lawyers from Chinese law firms on October 2 as part of the Intelligeast’s Law Firm Leadership & Management Program.

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Events September 23, 2024

Jason Kang and Henry Cheung on Cross-border Dispute Resolution with Shanghai Bar Association

Kobre & Kim’s Jason Kang and Henry Cheung will be presenting on “Cross-border Insolvency and Asset Recovery” at a training organized by the Shanghai Bar Association in Shanghai.

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Events September 5, 2024

Peter Tyers-Smith, Daniel Saval and John Han on Cross-Border Insolvency Panel with TMA Brasil

Kobre & Kim’s Peter Tyers-Smith, Daniel Saval and John Han will be speaking at Cross-Border Insolvency: Brazil at the Crossroads – U.S., China, and Offshore taking place in Sao Paulo on September 12 at 8:30 am.

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Publications August 8, 2024

Global Restructuring Review: Kobre & Kim Wins Second Bondholder Standing Decision

As reported by Global Restructuring Review (GRR), Kobre & Kim has now obtained a second New York Supreme Court ruling that a beneficial holder of a global note has legal standing to bring suit against Zhongrong International Resources directly, without the bond trustee. The court entered judgment in BFAM Asian Opportunities Master Fund’s favor for US $170 million.

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Events July 29, 2024

Daniel Saval on Trusts and Insolvency in IWIRC-Mexico Panel

Kobre & Kim’s Daniel Saval joins experts from Colombia, Italy and Mexico to explore the effects and implications of trusts in insolvency scenarios, in an International Women’s Insolvency & Restructuring Confederation – Mexico panel on Zoom at 10:00 am ET, July 31 2024.

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Events June 26, 2024

Ana Frischtak and Sergio Aguiar Examine Corporate Restructuring Alternatives for Brazilian Companies on BTGGA Panel

Kobre & Kim’s Ana Frischtak and Sergio Aguiar joined the BTG Global Advisory Annual Conference in Sao Paulo, Brazil to discuss Brazil's evolving insolvency landscape on a panel titled “Navigating Corporate Restructuring: Comparative Analysis of Different Jurisdictions.” While discussing recent changes in Brazil’s insolvency legal regime, the panel explored the advantages and disadvantages faced by Brazilian companies looking to restructure in the U.S. or other jurisdictions such as the Cayman Islands and British Virgin Islands.

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Client Alert May 30, 2024

Don’t Overlook China in Difficult Chapter 11 Asset Recovery Efforts

  • In Chapter 11 bankruptcy cases where the chances of recovery seem slim, global unsecured creditors may have to get creative and look outside the U.S. to improve their prospects.
  • Assets in the People’s Republic of China (PRC) – the world’s second largest economy – offers a surprising source of asset recovery opportunities.
  • We explain how creditors can unlock value in China and maximize their recovery.

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Publications May 29, 2024

Kobre & Kim Reinforces Commitment to China as Other Firms Exit or Downsize: Law360

As opportunities arise in areas such as international asset recovery, government enforcement work, and joint venture shareholder disputes, the firm looks to strengthen its operations in China.

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Firm News May 10, 2024

Delaware Court Allows Claims Against AIG Over Credit Agreement to Proceed

The Delaware bankruptcy court issued a decision May 9, 2024 allowing claims by 46 former AIG FP executives against AIG in a dispute over a $65 billion credit agreement to move forward.

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Events April 30, 2024

Daniel Saval Explores Cross-Border Insolvency Proceedings for Private Clients at ABA International Law Section Annual Conference

When ultra-high-net-worth individuals encounter financial distress, a cross-border insolvency strategy may be necessary to account for the impacts on their assets across different jurisdictions. Kobre & Kim’s Daniel Saval, who focuses on cross-border insolvency strategies, joins the American Bar Association International Law Section Annual Conference in Washington, DC to discuss these issues on a panel at 4:30 pm local time, May 8, 2024.

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Client Alert February 22, 2024

Leveraging Cross-Border and Offshore Tools in Brazilian Insolvencies

  • A wave of cross-border financial distress and insolvencies is rocking Brazilian companies – Brazilian airline GOL filed for Chapter 11 in the U.S. in January 2024.
  • Although international creditors have historically faced a Brazilian insolvency landscape that has created many practical impediments, things are changing.
  • A new Brazilian bankruptcy law, if combined with a multijurisdictional approach touching the U.S. and offshore, can give creditors additional leverage toward a favorable recovery.

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Events February 21, 2024

Daniel Saval and Donna Xu Join Cardozo International Law Society for Fireside Chat on Cross-Border Bankruptcy and Restructuring

A practice in insolvency and restructuring can not only cross disciplines but also often geographic borders. Kobre & Kim’s Daniel Saval and Donna Xu introduce their practices and examine key issues during a fireside chat hosted by the Cardozo School of Law International Law Society at 12:00 pm New York time on February 29, 2024.

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