Mondaq Europe: Insolvency/Bankruptcy/Re-structuring
A.G. Erotocritou LLC
As a result of the numerous cross-border structures involving Cyprus, the need to recognise foreign insolvency proceedings in Cyprus is becoming more common.
Schoenherr Attorneys at Law
The list of successful restructurings outside insolvency proceedings is as long as it is confidential.
Taylor Wessing
Welcome to the latest edition of RCR update summarising what we think are the more interesting recent legal developments in restructuring and corporate recovery
SMARTLEGAL Schmidt&Partners
You should not start liquidation because you want to destruct the debtor financially.
SMARTLEGAL Schmidt&Partners
Although, liquidation is one of the most powerful debt collection tools in Hungary for recovering solid claims, creditors often make mistakes that give rise to unfavourable court decision, declining liquidation request ...
Walkers
Irish court-sanctioned $1.65bn cross border restructuring recognised by US Bankruptcy Court.
Arthur Cox
The Legal 500 and The In-House Lawyer have published their Comparative Legal Guide for Ireland on Restructuring and Insolvency.
Ogier
Ogier's newest associates Graeme Loarridge, Melanie McKernan and Richard Parrish have all been admitted to the Cayman Bar.
Walkers
The insolvency regime in Jersey is an interesting mix of English law and Norman customary law influences.
Ozbek Attorney Partnership
19 Aralık 2018 tarihli ve 30630 sayılı Resmî Gazete ile Abonelik Sözleşmesinden Kaynaklanan Para Alacaklarına İlişkin Takibin Başlatılması Usulü Hakkında Kanun ("Kanun") yayımlanmıştı.
Gün + Partners
There are 62 active insurance companies incorporated in Turkey, consisting of 39 non-life insurers, 18 life and pension insurers, four life insurers and one reinsurer.
Baker & McKenzie / Esin Attorney Partnership
This "Financial Restructuring vs. Konkordato/Composition (Turkish Scheme of Arrangement)" is presented as a reference source to give all market participants a schematic comparison of these two financial restructuring techniques ...
Cleary Gottlieb Steen & Hamilton LLP
CVAs have come to the fore recently as increasing number of retailers and casual dining restaurants are turning to CVAs to restructure their rental obligations.
Skadden, Arps, Slate, Meagher & Flom (UK) LLP
The U.K. government is proposing to reintroduce preferential status to certain taxes in U.K. insolvencies beginning 6 April 2020.
Clyde & Co
This is the first time that the English Court has examined in detail the UNCITRAL Model Law on insolvency and the interplay with its Guides to Enactment, as well as case law from various jurisdictions
Squire Patton Boggs LLP
With the introduction of electronic filing which allows parties to file documents at court 24/7 we consider the recent case of Wright v HMV Ecommerce Limited (2019) in which the court was asked...
Squire Patton Boggs LLP
How Do You "Undo" A Business In The UK? A Guide To UK Practice.
Reed Smith (Worldwide)
It is well established that the type of recognition granted by the recognising court under the UNCITRAL Model Law will depend on whether the originating proceedings are ‘foreign main'
Dentons
At the end of April 2019, the President of Ukraine signed the Code of Ukraine on Bankruptcy Procedures (the "Code").
Baker & McKenzie / Esin Attorney Partnership
This report provides a basic overview of key concepts under US, UK and Turkish restructuring and insolvency processes and is not intended to be exhaustive or to be relied on as a legal opinion or advice.
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Elias Neocleous & Co LLC
Cyprus Contracts Law, Cap. 149 (as amended) states that a contract may be: made orally; partly written and partly oral; entirely in writing; or even implied by the conduct of the contracting parties.
Elias Neocleous & Co LLC
The Republic of Cyprus has a national system of justice which is enforced uniformly throughout the government-controlled area of the country.
Ozbek Attorney Partnership
19 Aralık 2018 tarihli ve 30630 sayılı Resmî Gazete ile Abonelik Sözleşmesinden Kaynaklanan Para Alacaklarına İlişkin Takibin Başlatılması Usulü Hakkında Kanun ("Kanun") yayımlanmıştı.
Dentons
At the end of April 2019, the President of Ukraine signed the Code of Ukraine on Bankruptcy Procedures (the "Code").
Duff and Phelps
The challenges facing British Steel have been well documented over recent weeks as the impact of the Brexit impasse has bitten.
Ogier
Ogier's newest associates Graeme Loarridge, Melanie McKernan and Richard Parrish have all been admitted to the Cayman Bar.
Kirkland & Ellis International LLP
Trademark licensees now have less reason to be concerned if their licensor files for bankruptcy in the U.S. The U.S. Supreme Court held in Mission Product Holdings, Inc. v. Tempnology LLC...
Dentons
The Court of Appeal has given guidance on when the duty of directors to have regard to the interest of creditors arises. This is an important point, as the general statutory duty
Clyde & Co
This is the first time that the English Court has examined in detail the UNCITRAL Model Law on insolvency and the interplay with its Guides to Enactment, as well as case law from various jurisdictions
Ropes & Gray LLP
When a company enters a period of financial distress, directors must consider the interests of the company's creditors and, depending on the extent of the financial distress, may need to prioritise such interests over
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