Globalaw, under the lead of its Mauritius member 5 St. James Court, advised and managed the administration (a form of business rescue) and restructuring process of Air Mauritius Limited. Since Air Mauritius has a worldwide presence, the advice required involved multiple jurisdictions which Globalaw was able to assist with given its extensive global network. Globalaw members in France, Italy, Germany, Spain, Holland, Switzerland, Hong Kong and China were engaged to advise on their respective local laws.
Apart from the laws relating to administration, restructuring and liquidation, Globalaw members were also asked to advise on the employment aspects of the matter such as procedures on termination of employment by redundancy, preparing termination notices, calculating the termination and severance payments, and advising on potential employment litigation risks, etc. The implementation was conducted in an orderly manner with seamless collaboration among Globalaw member firms. The assignment is still ongoing.”