Mondaq All Regions: Insolvency/Bankruptcy/Re-structuring
Madgwicks
Strategies for minimising your exposure to risk when one of your customes becomes insolvent.
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.
TMF Group
Bolivia sancionó una nueva ley que afecta a todas las compañías privadas que operan en el país.
A.G. Erotocritou LLC
Cyprus reduces the threshold for approving Schemes of Arrangement to simple majority
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,
IndusLaw
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.
Dhaval Vussonji & Associates
The Insolvency and Bankruptcy Code Code, 2018 which came into effect on 6th June, 2018 provides for various amendments to the Insolvency and Bankruptcy Code, 2016.
Prager Dreifuss
Swiss restructuring and insolvency proceedings are mainly governed by the Swiss Debt Enforcement and Bankruptcy Law (DEBA), which entered into force in 1892.
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.
Dentons
At the end of August, BEIS (finally) responded to a May 2016 consultation paper which reviewed the UK's corporate insolvency framework.
BSA Ahmad Bin Hezeem & Associates LLP
UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the Federal Law on ‘Netting', its provisions shall apply to all qualified financial contracts and netting agreements...
Patterson Belknap Webb & Tyler LLP
When a bankruptcy petition is filed, an automatic stay comes into effect staying proceedings against the debtor or the debtor's property. 11 U.S.C. § 362(a).
Shearman & Sterling LLP
Partner Fredric Sosnick (New York-Financial Restructuring & Insolvency) has just released the latest issue of Financially Distressed Companies Answer Book 2019 for the Practising Law Institute (PLI).
Patterson Belknap Webb & Tyler LLP
The Third Circuit denied a $275 million break-up fee to a bidder that was unsuccessful in its attempt to buy the crown-jewel assets in the high-profile EFH bankruptcy case.
Hogan Lovells
US federal banking regulations that go into effect next year require certain major financial institutions to ensure that their qualified financial contracts (QFCs).
Lowndes, Drosdick, Doster, Kantor & Reed, P.A.
Sears (Sears Holdings Corporation) filed for bankruptcy protection under Chapter 11 in the Southern District of New York on Monday.
Shearman & Sterling LLP
On September 21, 2018, the United States District Court for the District of Delaware issued a decision holding that the Bankruptcy Court had constitutional authority to approve the nonconsensual...
Patterson Belknap Webb & Tyler LLP
Bankruptcy plans often include provisions releasing debtors and their officers and directors from certain potential liability.
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Dentons
Saudi Arabia's bankruptcy and insolvency law regime has been governed by two regulations, the earliest dating back to 1930.
Worrells Solvency & Forensic Accountants
Section 588FDA of the Corporations Act provided that it was voidable as an unreasonable director-related transaction.
ClarkeKann Lawyers
PBAs are trust accounts, intended to protect down the line subcontractors from the insolvency of up the line contractors.
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.
Worrells Solvency & Forensic Accountants
This article examines challenges to the entitlement of creditors in bankrupt estates to vote at meetings of creditors.
Stacks Law Firm
Creditor sues for money received by bankrupt from his late mother's superannuation fund.
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.
Worrells Solvency & Forensic Accountants
The judge provided guidance on some key principles around a bankrupt trustee's right of indemnity out of trust assets.
Worrells Solvency & Forensic Accountants
A company director who receives a statutory demand for payment from a creditor must act appropriately within 21 days.
Worrells Solvency & Forensic Accountants
AFSA has recently released annual statistics, trends and also data about personal insolvency causes for the 2016-17 year.
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