Mondaq Europe: Insolvency/Bankruptcy/Re-structuring
Djingov, Gouginski, Kyutchukov & Velichkov
The amendments concerning the stabilisation procedure will become effective as of 1 July 2017.
Borissov & Partners
Creditors will be able to request from courts to issue a European Account Preservation Order for bank accounts of debtors, read a project for the amendment of the Civil Procedure Code...
Schoenherr Attorneys at Law
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.
Carey Olsen
David Jones, counsel at Carey Olsen, and Stuart Gardner, a director at EY in Transaction Advisory Services, writing on behalf of the Guernsey Investment Fund Association, look at Guernsey's role...
KRYS Global
In a recent application for an increase in liquidators' fees in accordance with Practice Direction 3 of 2015...
Katona & Partners Attorneys at Law
Abhängig von der Unternehmensform und von der Auflösungsform sind mehrere Wege ein Unternehmen aufzulösen.
Mason Hayes & Curran
Further to our Insolvency Update issued 11 October 2017, another recent High Court judgment has clearly demonstrated the courts' increased lack of tolerance for litigants ...
Dillon Eustace
The decision of the High Court in Re Hayes (a debtor) ([2017] IEHC 657), illustrates the impact that the Personal Insolvency Act 2012 (as amended) (the "Act") may have on secondary purchasers of loan portfolios.
Arthur Cox
Following a High Court decision of 1 November 2017, it seems that the High Court will assess an objection by a secured creditor to a personal insolvency arrangement (PIA) differently depending on whether ...
Abbatescianni Studio Legale e Tributario
Second to follow is the unification of the iter for acceding to the procedures applicable to the company crisis, which will differentiate only at a later stage.
PLMJ
A crise económica que assolou a Europa no fim da década passada, levou a que um elevado número de particulares e empresas sucumbissem a processos de matriz falimentar, processos esses que, ...
Volciuc-Ionescu SCA
An absolute novelty under the Romanian legislation, Law no. 151/2015 on insolvency of natural persons ("Personal Insolvency Law") was adopted by the Romanian Parliament back in June 2015.
Goltsblat BLP LLP
Goltsblat BLP advises of radical changes to the way liability borne by the CEO and other persons controlling a debtor in insolvency (bankruptcy) cases is regulated.
Buzko & Partners
As the Russian economy continues to struggle, issues relating to insolvency (bankruptcy) remain the priority for both local and foreign creditors.
Gowling WLG
In our update this month we take a look at three cases that provide helpful clarification from the courts on issues ...
McDermott Will & Emery
The UK financial sector thrives on confidence, underpinned by a well-developed and respected legal system. Brexit has knocked global confidence in the UK market, but businesses can still rely on the predictability of the English law system.
Wright Hassall LLP
The Ministry of Justice has published the Pre-Action Protocol for Debt Claims (the "Protocol"), which came into force on 1 October 2017.
Ferguson Litigation Funding Ltd
Over 12 months has passed since the removal of the exemption for insolvency litigation from the Jackson reforms brought within the Legal Aid...
Ferguson Litigation Funding Ltd
Research by Ferguson Litigation Funding (FLF), has found that, 18-months after the removal of the exemption from the Legal Aid...
Holman Fenwick Willan LLP
The professional indemnity insurer of an insolvent independent financial adviser (Target) successfully relied on an insolvency exclusion in the policy to deny liability to third party...
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Katona & Partners Attorneys at Law
Abhängig von der Unternehmensform und von der Auflösungsform sind mehrere Wege ein Unternehmen aufzulösen.
Dillon Eustace
The decision of the High Court in Re Hayes (a debtor) ([2017] IEHC 657), illustrates the impact that the Personal Insolvency Act 2012 (as amended) (the "Act") may have on secondary purchasers of loan portfolios.
Gowling WLG
The recent decisions in Avonwick Holdings Ltd and others v Shlosberg and Leeds v Lemos have restricted the ability of trustees in bankruptcy to use privileged documents belonging to the bankrupt.
Wright Hassall LLP
The Ministry of Justice has published the Pre-Action Protocol for Debt Claims (the "Protocol"), which came into force on 1 October 2017.
Gowling WLG
Under the Third Party (Rights Against Insurers) Act 2010 (and the Third Party (Rights against Insurers) Act 1930 for liabilities and insolvency events occurring before 1 August 2016) ...
Kolcuoglu Demirkan Kocakli Attorneys at Law
In der Türkei befinden sich wertvolle Marken. Die Untersuchung "Turkey 100 – die wichtigsten Marken der Türkei", die jährlich von Brand Finance Turkey veröffentlicht wird, stellte fest, ...
Ferguson Litigation Funding Ltd
Research by Ferguson Litigation Funding (FLF), has found that, 18-months after the removal of the exemption from the Legal Aid...
Ferguson Litigation Funding Ltd
Over 12 months has passed since the removal of the exemption for insolvency litigation from the Jackson reforms brought within the Legal Aid...
Holman Fenwick Willan LLP
The professional indemnity insurer of an insolvent independent financial adviser (Target) successfully relied on an insolvency exclusion in the policy to deny liability to third party...
Baker & Partners
A recent judgment of the Royal Court has reinforced the wide nature of the court's jurisdiction to order a just and equitable winding up of an insolvent company whilst underlining the court's apparent distaste for désastre in the context of corporate insolvency.
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