Current filters:  
Insolvency/Bankruptcy
Australia
Corrs Chambers Westgarth
In recent case 2 linked companies were to be a pooled group to satisfy the external debts payable by both companies.
McCullough Robertson
Article discusses new law that gives greater powers to detect and disrupt phoenix activity and to prosecute offenders.
Corrs Chambers Westgarth
ASIC pursued enforcement action against directors that resulted in the first sentence of imprisonment for a 'shadow director'.
Canada
Torkin Manes LLP
Resolving the way a separated couple's property is dealt with can be complicated, but it gets even more complex if one of the spouses declares bankruptcy after separation.
Aird & Berlis LLP
On January 29, 2020, the Alberta Court of Appeal (the "Alberta CA") released its decision in PricewaterhouseCoopers Inc. v Perpetual Energy Inc.1
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.
Israel
Yigal Arnon & Co
Israel recently enacted a new Insolvency Law, which came into effect in September 2019. The statute substantially revises procedures and substantive rights in connection with corporate insolvency
Turkey
ADMD
Cebri bir sulh anlaşması olan konkordato kurumunun uygulama alanı genişletilirken iflas ertelemesi kurumu kaldırılmıştır.
ADMD
While the postponement of bankruptcy is abolished, the application of concordat as a compulsory peaceful agreement is rendered more applicable.
United States
Ward and Smith, P.A.
Filing a bankruptcy petition automatically halts efforts to collect pre-petition debts from the debtor outside of bankruptcy.
Masuda, Funai, Eifert & Mitchell, Ltd.
In any bankruptcy, there are inevitably winners and losers. The winners do not always do virtuous acts to win and the losers are not necessarily evil.
Foley & Lardner
When entering into a joint venture or other ongoing contractual relationship in which intellectual property ("IP") is central to the value proposition
Stites & Harbison PLLC
On Wednesday, February 19, 2020, the Small Business Reorganization Act of 2019 becomes effective, creating a new Subchapter V for small-business debtors (less than $2,725,625 in debt).
Bowditch & Dewey
In February 2020, the Small Business Reorganization Act became effective, adding a set of new reorganization provisions to the Bankruptcy Code
Jones Day
In the July/August 2019 issue of the Business Restructuring Review, we discussed a landmark decision by the U.S. Court of Appeals for the Fifth Circuit in In re Ultra Petroleum Corp., 913 F.3d 533(5th Cir. 2019).
Jones Day
A brief chronicle of the year's developments in corporate bankruptcy and restructuring.
Jones Day
A basic tenet of bankruptcy law, premised on the legal separateness of a debtor prior to filing for bankruptcy and the estate created upon a bankruptcy filing, is that prepetition debts are generally treated differently.
Jones Day
Under the "single-satisfaction rule," although a bankruptcy trustee or a chapter 11 debtor-in-possession ("DIP") may seek to avoid and recover avoidable transfers of a debtor's property from more than one transferee
Jones Day
In McKillen v. Wallace (In re Irish Bank Resolution Corp. Ltd.), 2019 WL 4740249 (D. Del. Sept. 27, 2019), the U.S. District Court for the District of Delaware had an opportunity to consider, as an apparent matter of first impression, ...
Hassans
In answer to the question, "not quite". The use of Administration in Gibraltar for insolvent companies is a fairly recent, and in the case of insurance companies, an innovative use of this insolvency procedure.
FREE News Alerts
Sign Up for our free News Alerts - All the latest articles on your chosen topics condensed into a free bi-weekly email.
Popular Contributors
Upcoming Events
FEB25
Panel Waltham United States
Tools
Font Size:
Translation
Mondaq Social Media