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Insolvency
Australia
BRI Ferrier
These videos aim to assist small business with recent insolvency reforms, in order to survive post 31 December 2020.
Kott Gunning
There is no retrospective relief for a company director's liability for insolvent trading, after the extension expires.
Coleman Greig Lawyers
To recover outstanding debts, creditors can still enforce claims against companies or individuals through the courts.
KordaMentha
Directors must start planning now to avoid trading whilst insolvent when temporary relief ends on 31 December 2020.
Madgwicks
The first article of an eight-part series on dealing with unfair preferences provides an overview of the basics.
BRI Ferrier
You are invited to join our upcoming webinar on insolvency law reforms and the removal of the temporary "Safe Harbour".
Kott Gunning
The temporary protections do not alter a creditor's ability to seek and obtain a Court judgment for the payment of debts.
Corrs Chambers Westgarth
The companies were reinstated to allow proceedings against the liquidator of those companies for alleged breach of duty.
Canada
Bennett Jones LLP
The Court of Appeal for Ontario's decision in Dal Bianco v Deem Management Services Limited, 2020 ONCA 585 [Dal Bianco] is the most recent pronouncement on resolving procedural ...
Osler, Hoskin & Harcourt LLP
In Chandos Construction Ltd. v Deloitte Restructuring Inc., the Supreme Court of Canada confirmed the application of the common law anti-deprivation rule in the context of a Bankruptcy and Insolvency Act (BIA) proceeding.
Cayman Islands
Campbells
Restructuring & Insolvency Comparative Guide for the jurisdiction of Cayman Islands, check out our comparative guides section to compare across multiple countries
Conyers
The closest Chinese equivalent to the English idiom of ‘sticking one's head in the sand' is ‘covering one's ears to steal bells'.
Hong Kong
Conyers
A recent case in Hong Kong, has demonstrated both the ability and willingness of common law courts to recognise insolvency appointments made by the courts of the People's Republic of China ('PRC')...
India
Phoenix Legal
In an important decision passed recently , the National Company Law Appellate Tribunal ("NCLAT") while endorsing the decision of National Company Law Tribunal, New Delhi Bench ("NCLT")...
IndusLaw
With the current economic slowdown triggered by COVID-19, businesses now face an uphill battle to generate free cash flow to timely service their debts.
VGC Law Firm
Recently, the Appellate Authority (NCLAT) in the matter of Laxmi Pat Surana v. Union Bank of India & Ors. has held that an application under Insolvency and Bankruptcy Code, 2016 (‘I&B Code') is ...
HSA Advocates
The Insolvency and Bankruptcy Code (Second Amendment) Act, 2020...
Ireland
Beale & Co
Our regular round up of the cases of most interest to construction comes from Andrew Croft and Ben Spannuth of Beale & Company Solicitors LLP, focusing on one that highlights
Luxembourg
Loyens & Loeff
Restructuring & Insolvency Comparative Guide for the jurisdiction of Luxembourg, check out our comparative guides section to compare across multiple countries
Casslegal
Restructuring & Insolvency Comparative Guide for the jurisdiction of Nigeria, check out our comparative guides section to compare across multiple countries
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