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Guernsey
Walkers
The spotlight is now back on the role of directors in pre-pack deals following the English High Court's recent decision on the fiduciary duties directors owe following a company's insolvency.
Carey Olsen
Reforms to Guernsey's insolvency laws that will provide for an even more effective corporate insolvency regime should be welcomed by those within industry
GuernseyFinance
Changes in Guernsey's Insolvency Law have been approved by the island's government, the States of Guernsey.
Carey Olsen
With the States of Guernsey's approval yesterday of the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the "Ordinance")
Collas Crill
On 15 January 2020 the States of Guernsey approved the long-awaited final version of the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the Ordinance).
Walkers
Reforms to Guernsey's insolvency legislation to give greater powers to administrators and liquidators and streamline distribution processes are likely to be enacted in the very near future
Ogier
On 15 January 2020 the States of Guernsey passed the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020, making Guernsey an even more desirable forum for insolvency proceedings.
Hong Kong
Hogan Lovells
Just in time for the Chinese New Year, a Hong Kong court has taken a major step forward in the developing law on cross-border insolvency by recognizing a mainland Chinese liquidation for the first time.
Dentons
On 13 January 2020, the Hong Kong Court of First Instance made an order recognising Mainland insolvency proceedings in respect of CEFC Shanghai International Group Limited
Jersey
Bedell Cristin Cayman Partnership
There are two principal regimes for corporate insolvency in Jersey: désastre and winding-up.
Collas Crill
Jersey is a popular place to establish an asset holding company because the Companies Law is modern, flexible and modelled on English companies legislation.
Appleby
Once upon a time the high street was packed with household names. High footfall, consumer confidence and disposable income all made for fairy-tale returns for retailers and landlords alike.
United Arab Emirates
BSA Ahmad Bin Hezeem & Associates LLP
Misconceptions persist among business owners and directors as to the purpose of the UAE Bankruptcy Law and its comparative likeness to international counterparts, notably the US Bankruptcy Code.
BSA Ahmad Bin Hezeem & Associates LLP
The new UAE Bankruptcy Law was widely discussed and debated upon its introduction in 2016. Brought in to encourage a ‘rescue culture', the regulations were hailed as a significant move in the ...
STA Law Firm
The new law viz. the Insolvency and Bankruptcy Code Ordinance (IBC 2019) has been amended recently and brought into effect from 2020 to protect the Corporate Debtor
Hassan Elhais
The new Bankruptcy Law (Federal Law Number 9 of 2016) is seen as a strategically improved law in comparison with previous insolvency laws.
Worldwide
Bedell Cristin Cayman Partnership
The Judicial Committee of the Privy Council ("Privy Council") in London, which is the highest appeal court for many Caribbean jurisdictions
Clyde & Co
India and the United Arab Emirates (‘UAE') have witnessed dynamic bilateral relations in the recent past. Leadership of both countries have endeavoured to bolster ties of the two economies which...
Bedell Cristin Cayman Partnership
In certain jurisdictions, courts have the power to set aside these payments where they are voidable under legislation.
Mayer Brown
The team's representative experience in this region includes acting for insolvency practitioners, banks, alternative credit providers and corporate trustees on matters including:...
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