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Searching Content indexed under Insolvency/Bankruptcy/Re-structuring by Schoenherr Attorneys at Law ordered by Published Date Descending.
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1
Agrokor's Administration Proceedings Are Entering The Final Stage
After almost two years, the extraordinary administration proceedings over Agrokor and 77 of its Croatian group companies is entering its final stage.
Croatia
15 Mar 2019
2
Terms Of A Loan – Set In Stone?
As an attorney working in restructuring, I hear a recurring complaint from bank's restructuring departments: "Debtors admit financial difficulties far too late.
Austria
25 Jan 2019
3
Increased Due Diligence Obligations For Shareholder Creditors?
The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor's material insolvency.
Austria
19 Oct 2018
4
Responsibility To Investigate - An Update On Avoidance Risks
Following the opening of insolvency proceedings, the insolvency receiver typically tries to enlarge the insolvency estate by asserting voidance claims.
Austria
11 Apr 2018
5
DIP (Supersenior) Financing in Croatian Insolvency
Reasoning behind the changes: In the two years that the "new" bankruptcy regime – the Bankruptcy Act of September 2015 (Stečajni zakon; the "BA") – has been in place, the number of pre-bankruptcy procedures initiated in Croatia has plummeted to only 273, with 58 restructuring plans being accepted.
Croatia
7 Nov 2017
6
Major Changes In Personal Bankruptcy Law
On 28 June 2017 the Austrian Parliament passed the government's legislative proposal on insolvency law (Insolvenzrechtsänderungsesetz 2017).
Austria
4 Jul 2017
7
Recast Of The EU Regulation On Insolvency Law Applicable As Of Today
The EU Regulation on Insolvency Law 1346/2000 (EIR) was considered a milestone in the cross-border coordination of national insolvency proceedings.
European Union
27 Jun 2017
8
New Developments in Czech Insolvency Law
An extensive amendment to Act No. 182/2006 Coll., on Insolvency (the "Insolvency Act") will come into effect on 1 July 2017 (the "Amendment").
Czech Republic
8 Jun 2017
9
European Commission Proposes EMIR Reform That Will Minimise The Clearing Obligation For NFC And Certain FC
On 4 May 2017, the European Commission published its proposal for an amendment of the European Market Infrastructure Regulation (EMIR).
European Union
12 May 2017
10
Tenant's Insolvency In Lease Agreements
From an economic perspective, especially in the current business environment, contractual freedom is the best legal method to satisfy the legitimate interests of individuals...
Romania
26 Apr 2017
11
Slovenia Adopts New State Aid Legislation
Slovenia adopted a new law regulating rescue and restructuring state aid, which entered into force in mid-February.
Slovenia
4 Apr 2017
12
When Arbitration Meets Insolvency In Montenegro - Can They Coexist?
Even at first blush, it is apparent that arbitration and insolvency make strange bedfellows.
Montenegro
14 Mar 2017
13
Protection Of New And Interim Financings In Restructuring? - The European Commission's Proposal On Early Restructuring And Second Chance
The proposal includes, inter alia, provisions protecting new and interim financing in restructurings.
European Union
28 Nov 2016
14
Insolvency / Restructuring In Montenegro
Bankruptcy and reorganization are the two primary procedures available for solving a collective action problem in dealing with financially troubled debtors, and both are regulated by the Montenegrin Insolvency Act.
Montenegro
12 May 2016
15
Security With An Expiration Date - A Recent Decision On Set-Off In Austrian Insolvency Proceedings And Highlights On Set-Off In Insolvency Proceedings In Other CEE Countries
The right to set-off claims and obligations in insolvency proceedings is an important tool for creditors in order to protect themselves against the insolvency risk of a contractual counterparty.
Austria
5 Apr 2016
16
Consumer Bankruptcy Act Introduces Consumer Bankruptcy Into The Legal System
The Croatian Consumer Bankruptcy Act (Zakon o stečaju potrošača; "ZSP"), which entered into force on 1 January 2016, for the first time introduces the legal concept of consumer bankruptcy into the legal system.
Croatia
8 Jan 2016
17
Hungary Wants To Become Creditor-Friendly
The Hungarian Ministry of Justice acknowledged the recent criticism aimed at the difficulties regarding the enforcement of monetary claims in the country and plans to amend the relevant laws to make creditors' lives easier.
Hungary
11 Dec 2015
18
The New Bankruptcy Act Aims To Accelerate Bankruptcy Proceedings And Resolve Non-Liquidity In The Market
The recently adopted Croatian Bankruptcy Act ("SZ") sets out a new integrated pre-bankruptcy and bankruptcy regime.
Croatia
24 Nov 2015
19
Bankrupcty Regime For Private Individuals
The Hungarian Parliament has adopted a new legal regime setting out debt settlement procedures for private individuals.
Austria
28 Aug 2015
20
The Latest Amendments To The Credit Institutions Act See The Dictates Of Bank Secrecy Bested
The Bulgarian Corporate Commercial Bank ("CCB")'s insolvency has resulted in a variety of changes to the Bulgarian banking legislation.
Bulgaria
10 Aug 2015
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