Location battles set to rise in global restructuring disputes

Restructuring lawyers believe battles over the location of insolvencies are set to rise as creditors and equity holders vie for favourable jurisdictions, in a trend set to complicate the expected wave of buyout firm portfolio company defaults.

Lawyers said "forum shopping" - where equity holders and debt holders look to hold bankruptcy proceedings in countries more likely to lead to results favouring their respective interests - is on the rise.

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