When a multinational enterprise faces financial distress, the path to restructuring is rarely straightforward. Competing legal frameworks, divergent creditor priorities and the sheer complexity of cross-border operations mean that stakeholders must navigate a landscape where the choice of jurisdiction can be as consequential as the restructuring itself. From schemes of arrangement and restructuring plans in England to the Stabilisation and Restructuring Framework of Companies Act proceedings in Germany, Chapter 11 filings in the US and emerging frameworks in Singapore and Latin America. Each regime offers distinct advantages, limitations and tactical considerations in an increasingly competitive environment. Drawing on the diverse perspectives of restructuring lawyers, financial advisers and investment fund managers, the panel will explore how practitioners assess and select among available regimes. This will include looking at the role of forum shopping in shaping outcomes, the practical challenges of coordinating different proceedings across multiple jurisdictions and how creditors – including distressed debt investors – evaluate jurisdictional risk when deploying capital.