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Commercial
Directors and Officers
Australia
KordaMentha
Directors must start planning now to avoid trading whilst insolvent when temporary relief ends on 31 December 2020.
BRI Ferrier
You are invited to join our upcoming webinar on insolvency law reforms and the removal of the temporary "Safe Harbour".
Osborn Law
These changes to insolvent trading laws were introduced to help businesses manage the economic effects of the pandemic.
Osborn Law
New legislation aims to combat illegal phoenixing activities, by amendments to the Corporations Act and the GST Act.
Surry Partners
It is likely that many statutory demands will be issued in early 2021 due to the moratorium lapsing on 31 December 2020.
Holding Redlich
A summary of key legal issues impacting business, as well as Australian and Victorian Government measures in place.
Worrells Solvency & Forensic Accountants
The government has not agreed to release directors from personal liability for unpaid PAYG, GST, WET or LCT tax debts.
Worrells Solvency & Forensic Accountants
A company director who chooses to trade-on past the 31 December 2020 has no retrospective insolvent trading protection.
Bahrain
Charles Russell Speechlys LLP
Decree 28 of 2020, issued on 28 September 2020, has set out various amendments to certain provisions of the Bahrain Commercial Companies Law (Law 21 of 2001) (the "BCCL").
Bermuda
Conyers
The aviation industry has been severely impacted by the COVID-19 pandemic.
British Virgin Islands
Maples Group
The BVI Commercial Court provided welcome guidance on the standing of an appointing party to interfere in a receivership.
Canada
Norton Rose Fulbright Canada LLP
In iAnthus Capital Holdings, Inc.(Re), Gomery J. of the Supreme Court of British Columbia, approved an amended plan of arrangement (the Amended Plan) ...
McLennan Ross LLP
Cutting red tape has been a mantra of many governments at different levels and in a number of jurisdictions. The zeal with which it is professed to be done ...
Minden Gross LLP
Schedule 1 to the Bill contains the proposed amendments to the OBCA. T
Goodmans LLP
This week, the Government of Ontario introduced the Better for People, Smarter for Business Act, 2020, which contains proposed legislative amendments to the Business Corporations Act (OBCA) ...
Aird & Berlis LLP
Removal of Director Residency Requirements and Reducing the Voting Threshold for Private Company Ordinary Written Resolutions
Davies Ward Phillips & Vineberg
Chapter 3 of Davies Governance Insights 2020
Borden Ladner Gervais LLP
The global COVID-19 pandemic has had a significant impact on financial markets. Many businesses were (and some still are) closed on a temporary or permanent basis, causing stock market volatility.
Gowling WLG
The Ontario Government is proposing to amend the Ontario Business Corporations Act in an effort to allow both public and private Ontario corporations to operate with more flexibility.
Maples Group
Global travel bans and lengthy quarantine periods in the midst of the COVID-19 pandemic have created another challenge for operators of many investment funds.
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