Mondaq Europe: Insolvency/Bankruptcy/Re-structuring
Shearman & Sterling LLP
On September 12, 2018, HM Treasury published a consultation on the U.K. Government's proposed approach to implementing the EU Bank Creditor Hierarchy Directive ...
Dentons
The reformed Belgium Insolvency Law adopted in 2017 eventually came into force on 1 May 2018.
Van Bael & Bellis
Contrary to Portuguese law, the application of Luxembourg law would not have resulted in the termination of the pending lawsuits.
Hogan Lovells
Substantial reforms to Regulation (EC) 1346/2000 on insolvency proceedings were made under Regulation (EU) 2015/848 of 20 May 2015 on insolvency proceedings (recast) (the "Recast Insolvency Regulation").
Mayer Brown
Parties to an insolvency proceeding are regularly the insolvency debtor, the insolvency court, the insolvency administrator ...
Mayer Brown
Die Beteiligten eines Insolvenzverfahrens sind regelmäßig der Insolvenzschuldner, das Insolvenzgericht, der Insolvenzverwalter ...
SKW Schwarz
In a landmark decision, Düsseldorf Higher Regional Court clarified that general managers cannot rely on their D&O insurance cover in the event of claims for repayment by an insolvency administrator under Section 64 German Act on Limited Liability Companies (Case I-4 U 93/16).
Arendt & Medernach
Situated at the crossroads between Belgium, France and Germany, Luxembourg is a highly stable country and has registered relatively consistent growth rates in the last two years with a GDP growth of ...
Prager Dreifuss
Switzerland's GDP rose by 0.6 per cent in the fourth quarter of 2017. Positive impulses on the production side came from various sectors, namely the manufacturing industry ...
Ictem Legal
The continuation of the standstill process shall be decided within the first CCI meeting.
Ozogul Yenigun & Partners
Technical bankruptcy due to over-indebtedness in joint stock and limited liability companies has been set forth in Article 376 of Turkish Commercial Code ("TCC") numbered 6102.
Consulturk
The Banking Regulation and Supervision Agency of Turkey ("BRSA") has recently announced a broad restructuring program in relation to the debts of companies owed to the Turkish financial creditors. BRSA's recent Regulation on the Restructuring of Debts Owed to the Financial Sector aims to pave the way ...
Ictem Legal
Bu hususların, Taslak Kanun'un yasalaşması ile kesinlik kazanacağı unutulmamalıdır.
AKTAY Legal
Yatırım ortamının iyileştirilmesi amacına hizmet eden hukuksal süreçler için oluşturulan 7101 sayılı İcra ve İflas Kanunu ve Bazı Kanunlarda Değişiklik Yapılması Hakkında Kanun 15 Mart 2018 Tarihli ve 30361 Sayılı Resmî Gazete Resmî Gazete yayımlanmıştır.
Bezen & Partners
The Regulation for the Restructuring of Debts Owed to the Financial Sector was published in the Official Gazette dated 15 August 2018 and numbered 30510 and entered into force on the same date.
MGC Legal
Ülkemizde 2003 yılından bu yana uygulanan iflasın ertelenmesi kurumu, ihdas amacının gerçekleştirilmesi konusunda isteneni veremediği için revize edilmiştir.
Carson McDowell
In recent weeks and months it has been larger household names that have been in the news with their finances under the scrutiny of the news and media.
Clyde & Co
The Court of Justice for the European Union has ruled that Pension Protection Fund compensation cap breaches the EU Insolvency Directive.
Herbert Smith Freehills
The victim need only show that the purpose of defrauding creditors was a purpose, not the only purpose or even the dominant purpose.
Sayenko Kharenko
Sayenko Kharenko has advised Mriya Agro Holding for several years in connection with USD 1.1 billion debt restructuring.
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Arendt & Medernach
Situated at the crossroads between Belgium, France and Germany, Luxembourg is a highly stable country and has registered relatively consistent growth rates in the last two years with a GDP growth of ...
BKA Attorneys At Law
In this short guide, we would like to provide brief tips regarding the debt enforcement under Turkish laws. In this regard, our guide is separated in the following main sections:
Gowling WLG
The Technology and Construction Court (TCC) has delivered a significant judgment in Michael J Lonsdale (Electrical) Ltd v Bresco Electrical Services Ltd (in liquidation) [2018] EWHC 2043 (TCC)
Shearman & Sterling LLP
Many EU and U.K. financial institutions have been waiting with bated breath for (and commencing their contingency plans without) a clear picture of what post-Brexit U.K.-EU financial services...
Nazali
Dergimizin bir önceki sayısında sermaye kaybı (teknik iflas) durumunun veya ihtimalinin olup olmadığının değerlendirilmesi ve var ise bu durumun nasıl bertaraf edileceği konusuna değinilmiştir.
Ogier
Jersey entities have proved popular as vehicles for a wide variety of asset holding structures, such as those holding real property.
Matheson
In the case of Albaniabeg Ambient Shpk v. Enel SpA and Enelpower SpA, Matheson achieved an important victory for its clients ...
Ogier
Reforms to Jersey company law to create a new regime for demerging companies to facilitate the transfer of assets and liabilities ...
Elias Neocleous & Co LLC
Following the extension of tax relief for the disposal of immovable property for the restructuring non-performing loans introduced by Laws 96(I)/2018, 98(I)/2018, 99(I)/2018 and 100(I)/2018,
Brodies LLP
Brexit was specifically mentioned as a factor behind the Liberty restructuring.
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