Mondaq Europe: Insolvency/Bankruptcy/Re-structuring
Kinstellar
March 2019 – On 22 February 2019 and 26 February 2019 two bills were introduced in the Bulgarian parliament to amend the existing Bank Insolvency Act ("Bills").
MJ Hudson
In this article, we discuss some of the recent developments in the restructuring and turnaround world and do some horizon scanning to try and predict which direction European credit might be headed for the remainder of 2019.
Mayer Brown
The departure of the United Kingdom from the European Union, in particular in the case of a "hard Brexit" in which there is no continued bilateral application of EU law, will have many consequences within the EU.
SMARTLEGAL Schmidt&Partners
Although, liquidation is one of the most powerful debt collection tools in Hungary for recovering solid claims, creditors often make mistakes that give rise to unfavourable court decision, declining liquidation request ...
SMARTLEGAL Schmidt&Partners
Although, liquidation is one of the most powerful debt collection tools in Hungary for recovering solid claims, creditors often make mistakes that give rise to unfavourable court decision, declining liquidation request ...
SMARTLEGAL Schmidt&Partners
We summarized the 6 must-knows of liquidation procedures in Hungary in this article.
Walkers
The insolvency regime in Jersey is an interesting mix of English law and Norman customary law influences.
KPMG Luxembourg
IFRS 9 has now been applicable for over a year, but some of its changes have often been either overseen or neglected—even when they could have a material impact on the accounts.
Baker & McKenzie / Esin Attorney Partnership
This "Financial Restructuring vs. Konkordato/Composition (Turkish Scheme of Arrangement)" is presented as a reference source to give all market participants a schematic comparison of these two financial restructuring techniques ...
Ozdirekcan Dundar Senocak (Correspondent Firm of Gide Loyrette Nouel)
Foreign financial institutions will be able to structure separate financial restructuring procedures with the debtor.
ELIG Gürkaynak Attorneys-at-Law
The Banking Regulatory and Supervisory Agency published the Regulation on the Restructuring of Debts Owed to the Financial Sector amid ongoing currency and inflation pressures.
Erdem & Erdem Law
Important regulations have been made by Law No. 7155 on "The Procedure for Initiating Proceedings based on Monetary Receivables Arising from Subscription Agreements", which entered into force ...
Squire Patton Boggs LLP
With the introduction of electronic filing which allows parties to file documents at court 24/7 we consider the recent case of Wright v HMV Ecommerce Limited (2019) in which the court was asked...
Squire Patton Boggs LLP
How Do You "Undo" A Business In The UK? A Guide To UK Practice.
Reed Smith (Worldwide)
It is well established that the type of recognition granted by the recognising court under the UNCITRAL Model Law will depend on whether the originating proceedings are ‘foreign main'
Dentons
Delivering on the announcement in the Autumn Budget, HMRC issued its consultation "Protecting your taxes in insolvency" on 26 February 2019.
Evris Law Firm
The Law No1414 «On financial restructuring» came into force in autumn 2016. Since then 25 cases were initiated resulting in restructured debts for the general amount of USD 1,35 billion
Evris Law Firm
The Verkhovna Rada (Ukrainian Parliament) adopted the Code of Ukraine on Bankruptcy Proceeding (the Code) on 18 October 2018.
Baker & McKenzie / Esin Attorney Partnership
This report provides a basic overview of key concepts under US, UK and Turkish restructuring and insolvency processes and is not intended to be exhaustive or to be relied on as a legal opinion or advice.
Jones Day
With certain exceptions, the CDI will enter into force on August 14, 2020, unless amended by the Italian Parliament prior to the effective date.
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Ogier
Guernsey's Court of Appeal has upheld the judgment that none of the US investment firm The Carlyle Group, its investment manager
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 ...
Squire Patton Boggs LLP
How Do You "Undo" A Business In The UK? A Guide To UK Practice.
Squire Patton Boggs LLP
The demise of high street retail and the insolvency of household names, including Woolworths, BHS, and more recently Debenhams and Monsoon has been a real headache for property owners.
Squire Patton Boggs LLP
With the introduction of electronic filing which allows parties to file documents at court 24/7 we consider the recent case of Wright v HMV Ecommerce Limited (2019) in which the court was asked...
Baker & McKenzie / Esin Attorney Partnership
This "Financial Restructuring vs. Konkordato/Composition (Turkish Scheme of Arrangement)" is presented as a reference source to give all market participants a schematic comparison of these two financial restructuring techniques ...
Soteris Pittas & Co LLC
When a company enters insolvency or its ‘'vicinity''[1], the fiduciary duties of directors are no longer owed to the company as a whole, and instead their duties shift towards the creditors.
Walkers
The insolvency regime in Jersey is an interesting mix of English law and Norman customary law influences.
PwC Cyprus
The amendments became effective as from the date of their publication.
Baker & McKenzie / Esin Attorney Partnership
This report provides a basic overview of key concepts under US, UK and Turkish restructuring and insolvency processes and is not intended to be exhaustive or to be relied on as a legal opinion or advice.
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