Case Study 1: Eurotunnel

This case study identifies aspects that were identified in the Eurotunnel restructuring procedure. A brief procedural history is provided as well as details of the parties involved, the issues in dispute, the court ruling and analysis and a commentary on the cross-border relevance is stated.

Case Study 2: Re HIH Casualty and General Insurance Ltd.

This study provides the background information of the case, the procedural history, issues in disputes and the ruling and analysis of the court.

Case Study 3: Bear Stearns

Case study deals with the implications of this decision to foreign creditors and shows that foreign entities may not always be able get relief under Chapter 15 proceedings and consequently may not be able to protect their assets situated in the USA.

Case Study 4: European Collins & Aikman Group

Following the collapse of the US-parent and the American group, the entire European group filed for an administration order in the High Court in London. In this case the Regulation was brought to the test where practical issues that had not been dealt with by the Regulation had to be addressed, and where pragmatic solutions had to be found.

Case Study 5: Shanghai Worldbest Co. Ltd.

The case study deals with the Shanghai Worldbest Co. Ltd. case that was the first reorganisation of a Central Government Owned Company listed in the Shanghai Stock Exchange.

Case Study 6: Re Intertan Canada Ltd.

This study highlights cross-border issues that were dealt with in respect of Circuit City Stores Inc. in the USA that had filed for bankruptcy protection under Chapter 11, and InterTAN Canada Ltd., that had filed for protection under the Canadian Companies' Creditors Arrangement Act.

Case Study 7: Wuxi Suntech Power Co. Ltd.

This article highlights the need for the Government, banks and the Court to stay with the market-led commercial principles in this major cross-border restructuring case. It also emphasised the need to engage suitably qualified insolvency / restructuring professionals in the process.