This issue of the International Restructuring Newswire surveys recent developments in no fewer than five countries.

In the United States, on the 15th anniversary of the enactment of the Model Law on Cross-Border Insolvency as Chapter 15, we present our annual survey of new case law in the US. These decisions have far-reaching influence in the more than 50 countries that have enacted the Model Law.

In Canada, we look at developments in the use of a corporate “arrangement ” as an alternative to the CCAA insolvency regime.

Recent developments in new restructuring laws are examined in both Germany (under the StaRUG) and the Netherlands (under the WHOA). And, in focusing on the UK, we look at the first use of the cross-class cram-down under the CIGA. Acronyms anyone? Count them—four in this paragraph alone.