Press Release May 08, 2016

PRESS: India Takes Steps to Overhaul Creaking Bankruptcy Code (Financial Times)

Yash Rana, a partner in and chair of the firm’s Hong Kong office, discusses how the Indian parliament is attempting to overhaul the country’s bankruptcy procedures, tighten restrictions on controlling shareholders and give new security to investors and lenders. Rana also touches on the ongoing trail of businessman Vijay Mallya over unpaid debts.

Read the full Financial Times article here.