Mondaq All Regions: Insolvency/Bankruptcy/Re-structuring
Colin Biggers & Paisley
This case supports parties seeking to rely on traditional set-off in construction or other contracts after a liquidation.
Corrs Chambers Westgarth
In other circumstances, it could be appropriate for the administrator of the company to be appointed as the liquidator.
Worrells Solvency & Forensic Accountants
Last-minute asset protection strategies are rarely effective, so consider asset protection from the start of a venture.
Worrells Solvency & Forensic Accountants
Liquidators look for any 'unreasonable director-related transactions', which can reduce assets available to creditors.
Worrells Solvency & Forensic Accountants
A DIN will assist regulators and external administrators to investigate director involvement in illegal phoenix activity.
Worrells Solvency & Forensic Accountants
Article discusses the rights of landlords when their tenant becomes insolvent.
Maples and Calder
Partner Caroline Moran and of Counsel Nick Herrod look at the circumstances in which utilising Cayman Islands debt restructuring proceedings can maximise value for distressed debt investors
Hogan Lovells
The recently published report on the evaluation of the ESUG, the German law to facilitate the restructuring of companies, states that the changes introduced by the ESUG have been received...
S.S. Rana & Co. Advocates
The stricter provision of the IBC and their effective enforcement have made it an active vehicle in order to resolve the problem of bad loans.
S.S. Rana & Co. Advocates
As per the provisions of the IBC, an insolvency resolution professional appointed to conduct the corporate insolvency resolution process.
L&L Partners
About 30 million tonnes of steel is lying under bankruptcy proceedings in India, and is waiting to be taken over by new management under the Insolvency and Bankruptcy Code, 2016 (IBC).
BSA Ahmad Bin Hezeem & Associates LLP
Nearly six months after Saudi Arabia approved its first Bankruptcy Law (Saudi Arabia Royal Decree No. M5/1439 and Saudi Arabia Cabinet Decision No. 264/1439),
Baer & Karrer
As of January 1 2019, the PILA will be amended to correct these shortcomings.
Moroğlu Arseven
These circumstances frustrated creditors because their likelihood and proportion of collection were negatively affected by this relief.
Squire Patton Boggs LLP
The effect of this was to swell the pot of assets available to be applied to all unsecured creditor claims.
Lowndes, Drosdick, Doster, Kantor & Reed, P.A.
It may be hard to believe, but it's been 22 years since California became the first state to permit the legal use of medical marijuana.
Kramer Levin Naftalis & Frankel LLP
A noteholder appealed, arguing, among other things, that the plan unfairly discriminated against his class of claims since other unsecured creditors in separate classes would receive 100 percent recovery.
Kramer Levin Naftalis & Frankel LLP
The Brodskis sued, claiming that Arctic Glacier owed them the dividend.
Kramer Levin Naftalis & Frankel LLP
This decision is based upon a series of bankruptcy cases involving OnSite.
Hogan Lovells
In 2016, the insolvency and bankruptcy landscape in India was radically overhauled by the introduction of the new Insolvency and Bankruptcy Code (IBC).
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Saudi Arabia's bankruptcy and insolvency law regime has been governed by two regulations, the earliest dating back to 1930.
ClarkeKann Lawyers
PBAs are trust accounts, intended to protect down the line subcontractors from the insolvency of up the line contractors.
VGC Law Firm
The same have been briefly discussed in the present article.
Clarus Law Associates
On 11.10.2018, a division bench of the Hon'ble Supreme Court of India comprising of Justice R.F. Nariman and Justice Navin Sinha in the matter of B.K. Educational Services Private Limited v Parag Gupta And Associates, ...
Stacks Law Firm
Creditor sues for money received by bankrupt from his late mother's superannuation fund.
Khurana and Khurana
The Corporate Debtor/Respondent (Uttam Galva Metallics) defaulted in the payment to the Operational Creditor/Appellant (Macquarie Bank) amounting to USD 6,321,337 equivalent to Rs. 43,11,15,190.
The amount of any liability in respect of any of the guarantee or indemnity for any of the items referred to in sub-clauses (a) to (h) of this clause.
Earlier this month, the Supreme Court of India (the "SC") passed a much-awaited judgment concerning the eligibility of resolution applicants for Essar Steel India Limited.
Worrells Solvency & Forensic Accountants
Using credit repair and debt management firms may mean consumers pay high fees and not get the solution they're seeking.
Norton Rose Fulbright Canada LLP
The high (and rising) cost of complex commercial litigation proceedings remains one of the defining features of litigation in Ontario, and across Canada more broadly.
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