Mondaq All Regions: Insolvency/Bankruptcy/Re-structuring
McCullough Robertson
These reforms are intended to protect companies experiencing financial difficulties, that undergo a genuine restructure.
BRI Ferrier
The DOCA provided a distribution to unsecured creditors, met all employee entitlements and paid out high-interest loans.
Holding Redlich
Given the prevalence of contractor insolvency, this new regime may be used in the building and construction industry.
TMF Group
Bolivia sancionó una nueva ley que afecta a todas las compañías privadas que operan en el país.
Goldman Sloan Nash & Haber LLP
There are many similarities between the sale of assets through a bankruptcy sale in the United States under Section 363 of the U.S. Bankruptcy Code and the sale of assets under Canada's Companies'...
Blake, Cassels & Graydon LLP
This is the fourth and final instalment in a series examining large retail insolvencies in Canada from the perspective of various stakeholders.
Clarus Law Associates
On 11.10.2018, a division bench of the Hon'ble Supreme Court of India comprising of Justice R.F. Nariman and Justice Navin Sinha in the matter of B.K. Educational Services Private Limited v Parag Gupta And Associates, ...
Dhaval Vussonji & Associates
The Insolvency and Bankruptcy Board of India has recently amended the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016, ...
Shook Lin & Bok
In a ground-breaking application before the Singapore courts, a foreign-incorporated company successfully obtained an order to place itself under judicial management in Singapore.
Hogan Lovells
It has become a common phenomenon that applications are brought to put into business rescue, companies which are already in liquidation – sometimes long after the liquidation commenced.
Kolcuoglu Demirkan Kocakli Attorneys at Law
Geçtiğimiz günlerde şirketlerde teknik iflasın uygulanmasına ilişkin usul ve esaslar hakkında yeni bir tebliğ yayımlandı. Tebliğ, sermayesini kaybetmiş veya borca batık durumdaki şirketlerin alması gereken tedbirleri ve izlemesi gereken yolları düzenliyor.
Guzeloglu Attorneys-at-law
İflasın ertelenmesi kurumunun ihdas amacını gerçekleştirmemesi ve hükümlerinin kötüye kullanılması nedeniyle İcra ve İflas Kanunu, alacaklılar ile borçlunun bir müzakere sonrasında anlaşmaları...
Ozbek Attorney Partnership
22 Mayıs 2018 tarihli yazımız ile iflas erteleme kurumunun kaldırılması ve İcra ve İflâs Kanunu Ve Bazı Kanunlarda Değişiklik Yapılması Hakkında 7101 sayılı Kanun ile konkordatoya ilişkin yapılan önemli değişikliklere değinmiştik
Herbert Smith Freehills
The Court of Appeal has overturned a High Court decision granting a non-party costs order against an insolvent company's director and majority shareholder.
Jones Day
In In re Houston Regional Sports Network, L.P., 886 F.3d 523 (5th Cir. 2018), the U.S. Court of Appeals for the Fifth Circuit held that bankruptcy courts have flexibility in selecting the date on which to value collateral.
Jones Day
In In re Woodbridge Group of Companies, LLC, 2018 WL 3131127 (Bankr. D. Del. June 20, 2018), the bankruptcy court ruled that, because an anti-assignment clause in a promissory note...
Jones Day
In a highly anticipated decision—Sabine Oil & Gas Corp. v. Nordheim Eagle Ford Gathering, LLC (In re Sabine Oil & Gas Corp.), 734 Fed. Appx. 64, 2018 WL 2386902 (2d Cir. May 25, 2018)—the U.S. Court
Jones Day
In a highly anticipated decision, the U.S. Court of Appeals for the Fifth Circuit recently affirmed a bankruptcy court order dismissing a chapter 11 case filed by a corporation without obtaining—as required by its corporate charter ...
Jones Day
Amid the explosion of trading in claims against distressed and bankrupt entities, courts in recent years have issued numerous rulings of interest to both buyers and sellers.
Moritt, Hock & Hamroff LLP
Recently, the judges of the Bankruptcy Court of the Southern District of New York issued three decisions addressing Chapter 15 the United States' adoption of the Model Law on Cross Border Insolvency (Model Law).
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Dentons
Saudi Arabia's bankruptcy and insolvency law regime has been governed by two regulations, the earliest dating back to 1930.
Worrells Solvency & Forensic Accountants
Section 588FDA of the Corporations Act provided that it was voidable as an unreasonable director-related transaction.
ClarkeKann Lawyers
PBAs are trust accounts, intended to protect down the line subcontractors from the insolvency of up the line contractors.
Khurana and Khurana
The Corporate Debtor/Respondent (Uttam Galva Metallics) defaulted in the payment to the Operational Creditor/Appellant (Macquarie Bank) amounting to USD 6,321,337 equivalent to Rs. 43,11,15,190.
Worrells Solvency & Forensic Accountants
This article examines challenges to the entitlement of creditors in bankrupt estates to vote at meetings of creditors.
Worrells Solvency & Forensic Accountants
Using credit repair and debt management firms may mean consumers pay high fees and not get the solution they're seeking.
Stacks Law Firm
Creditor sues for money received by bankrupt from his late mother's superannuation fund.
Worrells Solvency & Forensic Accountants
The judge provided guidance on some key principles around a bankrupt trustee's right of indemnity out of trust assets.
Worrells Solvency & Forensic Accountants
A company director who receives a statutory demand for payment from a creditor must act appropriately within 21 days.
Worrells Solvency & Forensic Accountants
AFSA has recently released annual statistics, trends and also data about personal insolvency causes for the 2016-17 year.
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