The issues are determining (1) the creditor's initial cost basis of the debt security received in the restructuring
of a loan and (2) how the creditor should account for any difference between its basis in the loan and the security's fair value at the restructuring
In his role as managing director - head of restructuring
& special situations advisory, NeJame will report to the head of the firm's investment and corporate banking operations, Marshall Heinberg.
90-7 says that "in a typical chapter 11 reorganization there is a general restructuring
of liabilities." The task force intended this statement to be more than a presumption; it is a given.
The firms financial restructuring
team is recognized as one of the leading bondholder practices globally, with dedicated restructuring
teams in London, Frankfurt, Hong Kong and the United States, and is well known for advising creditors on the restructuring
of complex corporate debt.
Do changes to a stock option plan resulting from an equity restructuring
trigger a new measurement date?
This is the latest award in a string of honors awarded to the Restructuring
Investment Banking team.
I am confident my experience will further strengthen Weils premier offerings to its clients across Europe and throughout the world, and I am excited to help further develop Weils global restructuring
practice, said Mr.
We are pleased to receive recognition from The M&A Advisor across a broad range of engagements, said Bob Duffy, Global Leader of the Corporate Finance & Restructuring
segment at FTI Consulting.
"Riaz has worked on landmark deals which have contributed to the shaping of the German restructuring
environment," said White & Case partner Markus Hauptmann, Regional Section Head, Germany.
His skills as both a lawyer and a banker will be instrumental to the further development of our elite restructuring
Peter Cranston, Eversheds Head of Restructuring
in the North of England, said:
Cadwalader, Wickersham & Taft LLP (Cadwalader), a leading counselor to global financial institutions and corporations, today announced that Yushan Ng, a veteran restructuring
and insolvency attorney who has been recognized and honored as one of the leading practitioners in his field in Europe, has joined the firm s Financial Restructuring
Department as partner.