Mondaq Europe: Insolvency/Bankruptcy/Re-structuring
Schoenherr Attorneys at Law
The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor's material insolvency.
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...
Dentons
While the UK is on the brink of Brexit, European lawmakers are entering the final stage of the codification of a European Directive on Preventive Restructuring Frameworks.
Squire Patton Boggs LLP
No one knows for certain what the future will hold for the UK and the remaining EU countries post 29 March 2019 ...
Elias Neocleous & Co LLC
In 2016 the European Commission published a proposal for a directive on business insolvency, which aims to provide effective restructuring tools to rescue viable businesses in distress,
Your Legal Partners
The long discussed bill regarding extrajudicial debts' settlement has been enacted by the Greek legislator on May 3, 2017.
Appleby
Claire Corkish from Appleby's Isle of Man Dispute Resolution team attended the INSOL Europe Annual Congress in Athens this October.
Nctm Studio Legale
The Tribunal of Arezzo (3 May 2018) followed on the precedents of the Court of Cassation (11 December 2017
Baer & Karrer
As of January 1 2019, the PILA will be amended to correct these shortcomings.
Prager Dreifuss
In internationalen Konkursen müssen der Konkursverwalter und die Gläubiger Vermögenswerte des Schuldners im Ausland lokalisieren. In welchem Umfang dies möglich ist, bestimmen die lokalen Gesetze.
Prager Dreifuss
In an insolvency of a multinational group the debtor's assets are located in different jurisdictions.
Moroğlu Arseven
These circumstances frustrated creditors because their likelihood and proportion of collection were negatively affected by this relief.
Arikan Law Firm
İcra İflas Kanunu'nun 285. maddesine göre; "Borçlarını vadesi geldiği halde ödeyemeyen veya vadesinde ödeyememe tehlikesi altında bulunan herhangi bir borçlu, vade verilmek veya tenzilat yapılmak ...
Bezen & Partners
Multiple declarations may be made until expiry of the deadline stated above.
Ozbek Attorney Partnership
6102 sayılı Türk Ticaret Kanunu'nun ("TTK") 376. maddesi halk arasında "teknik iflas" olarak da bilinen şirketlerin sermayenin kaybı ve borca batık olma durumuna ilişkin yükümlülüklerini düzenlemektedir.
Squire Patton Boggs LLP
The effect of this was to swell the pot of assets available to be applied to all unsecured creditor claims.
Duff and Phelps
Our ability to consider the long-term impact of the operational turnaround in each case has enabled us to deliver a strong platform for each business to exit the restructuring process...
Reed Smith (Worldwide)
This article will primarily look at the proposed changes focused on facilitating a rescue culture.
Squire Patton Boggs LLP
In the holiday season many of us jet-set to foreign shores – but do we ever think about how we might get home ...
Squire Patton Boggs LLP
On 26 August, the Government announced that it will be making changes to UK insolvency legislation.
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Ozbek Attorney Partnership
6102 sayılı Türk Ticaret Kanunu'nun ("TTK") 376. maddesi halk arasında "teknik iflas" olarak da bilinen şirketlerin sermayenin kaybı ve borca batık olma durumuna ilişkin yükümlülüklerini düzenlemektedir.
Kolcuoglu Demirkan Kocakli Attorneys at Law
İçinden geçmekte olduğumuz zorlu ekonomik süreçte, özellikle iflas erteleme kurumunun da kaldırılması ile birlikte, iflastan kurtulmak için tek hukuki çare olan konkordato kurumu ve uygulaması son derece önem kazandı.
Schoenherr Attorneys at Law
The Austrian Insolvency Code provides for the possibility to challenge certain disadvantageous transactions carried out by the debtor after material insolvency has occurred, especially if the creditor knew or should have known of its debtor's material insolvency.
Bezen & Partners
Article 4/1(b)-4 of the Treasury Support Decree sets out acceptable term structures for covered loans and their potential restructuring.
Hogan Lovells
Nearly a year ago, the Italian Parliament passed Law 155/2017 giving the Government twelve months to adopt a root and branch reform of the rules governing business distress and insolvency procedures,
Dentons
At the end of August, BEIS (finally) responded to a May 2016 consultation paper which reviewed the UK's corporate insolvency framework.
Shearman & Sterling LLP
On 26 August 2018, the Government published a response to the Insolvency and Corporate Governance consultation launched in March 2018 (Response).
Mayer Brown
The English Commercial Court recently denied an applicant's attempt to set aside a worldwide freezing order on the basis that there was a risk that the individual would try to hide his wealth if the order was discharged.
Dentons
The government has published details of the next steps it is proposing to take to reduce the risk of major company failures occurring through poor governance or stewardship,
Prager Dreifuss
In an insolvency of a multinational group the debtor's assets are located in different jurisdictions.
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