Crypto winter is here – what does it mean for insolvency practitioners?

The global market in crypto assets is currently experiencing a “crypto winter”, losing approximately US$2 trillion in value since the peak rally in 2021.[1] The price of Bitcoin has retreated approximately 70% from its November 2021 high of nearly US$69,000. In this stormy environment crypto insolvencies are on the rise. However the rapidly evolving nature … Read more

Increasing sanctions on Russia and their financial impact

Over recent weeks the scale of international sanctions imposed by a large number of countries in respect of Russia has increased rapidly. These sanctions are beginning to have significant financial and economic impacts, both on Russia itself but also on many companies around the world with Russian financial exposures, investments, suppliers and customers. The Herbert … Read more

Launch of leading Australian book on schemes of arrangement

After almost 9 years in the making, the much anticipated 4th edition of Schemes, Takeovers and Himalayan Peaks: The Use of Schemes of Arrangement has finally been released in conjunction with the Ross Parsons Centre of Commercial, Corporate and Taxation Law at the University of Sydney. The 4th edition covers developments since 2013 and around 800 new … Read more