Mondaq All Regions: Insolvency/Bankruptcy/Re-structuring > Insolvency/Bankruptcy
Cooper Grace Ward
Receivers, administrators and liquidators must ensure they meet their environmental responsibilities to avoid a penalty.
Corrs Chambers Westgarth
When a liquidator is appointed to an insolvent corporate trustee, the liquidator should seek appointment as a receiver.
Gowling WLG
On August 15, 2019 Justice D. Blair Nixon gave oral reasons in response to an application for summary dismissal of the claim by PricewaterhouseCoopers Inc. ("PwC"), the bankruptcy trustee for Sequoia Resources Corp....
Clark Wilson LLP
In a recent decision, the Supreme Court of British Columbia has clarified the property interests that may arise when a property is held in joint names
Link Legal India Law Services
The Insolvency & Bankruptcy Code 2016 was enacted with a view to consolidate and amend the laws relating to reorganisation and insolvency resolution of corporate persons, limited liability partnerships, ...
King, Stubb & Kasiva
The Tribunal further observed that the existence of dispute must be pre-existing i.e. it must exist before the receipt of the demand notice or invoice.
King, Stubb & Kasiva
Though these judgments were in respect of settlement but the question was of applicability of NCLT rules in insolvency proceedings.
Vaish Associates Advocates
This would defeat the purpose of IBC and would also cause wrongful loses to all the creditors including Roxcel.
Vaish Associates Advocates
The Supreme Court of India in the case of Adani Power (Mundra) Limited v. Gujarat Electricity Regulatory Commission (decided on July 2, 2019) held that courts can imply terms in a contract only when literal interpretation fails, ...
Tuli & Co
Given this judgment, corporate debtors will now need to be prompt in raising any disputes they have pertaining to claims made on them by Operational Creditors.
L&L Partners
Amendment in IBC qua MSME's: Ease, Endorse and ensure Expansion
Walkers
Many readers will have heard about the Z Trust litigation in Jersey, which has implications for trustees in the event that the trusts that they work with become insolvent.
Appleby
Something of a chill wind blew through the local lending community earlier this year when the Royal Court handed down its judgment in the case of Dégrèvement of the Immovable Property of Mrs Powell.
Gowling WLG
Whilst receiving a judgment in your favour may feel like the culmination of a potentially lengthy legal process, it may be just the first step (though an important one) on the path to financial recovery.
Mayer Brown
In addition, Repurchase Facilities are usually treated as loans for accounting and tax purposes by sellers and buyers.
Arnold & Porter
In Mission Prod. Holdings, Inc. v. Tempnology, LLC, the U.S. Supreme Court issued an opinion at the intersection of trademark and bankruptcy law.
Sheppard Mullin Richter & Hampton
The United States Court of Appeals for the Seventh Circuit held that payments made by a debtor's customers to its lender converting a pre-petition loan to a post-petition loan constituted
Caplin & Drysdale
This case arises from Tribune's longstanding Chapter 11 bankruptcy that began in 2008
Moritt, Hock & Hamroff LLP
Lessors who repossess property immediately prior to a lessee bankruptcy filing may be required to return such property or face sanctions by the bankruptcy court.
Mintz
Transfers and transactions up to ten years old may be scrutinized, unwound and recovered by a trustee, the bankruptcy court sitting in Massachusetts recently
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VGC Law Firm
The default referred to herein above is in respect of a financial debt owed to any financial creditor.
Morrison & Foerster LLP
The Supreme Court's recent decision in Mission Product Holdings, Inc., v. Tempnology, LLC [1] clarifies that a debtor-licensor's rejection of a trademark license under § 365(a) ...
VGC Law Firm
The same have been briefly discussed in the present article.
Gibson, Dunn & Crutcher
After a significant wave in 2015 and 2016, bankruptcy filings in the exploration and production ("E&P") sector of the oil and gas industry temporarily leveled off.
Dhaval Vussonji & Associates
In contrast, the definition of operational debt is exhaustive in nature to mean inter alia a claim in respect of the provision of goods or services including employment.
AMLEGALS
The amount of any liability in respect of any of the guarantee or indemnity for any of the items referred to in sub-clauses (a) to (h) of this clause.
Cyril Amarchand Mangaldas
The Insolvency and Bankruptcy Code, 2016 (IBC) has been widely considered a landmark legislation that has brought about a paradigm shift in the recovery and resolution process.
Blaney McMurtry LLP
In Dermann v. Baker, 2019 ONCA 584, the Court considered the qualifying of certain witnesses as experts for the purposes of r. 53.03 of the Rules of Civil Procedure
Dhaval Vussonji & Associates
In our earlier article titled, "Homebuyers now Financial Creditors: Too many cooks spoil the resolution process?", we analysed the impact of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, ...
IndusLaw
The Specific Relief (Amendment) Act, 2018 (the "Amendment Act") amending the provisions of the Specific Relief Act, 1963 (the "Act") came into force on August 1, 2018.
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