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1
Ukraine New Bankruptcy Code To Take Effect In October
At the end of April 2019, the President of Ukraine signed the Code of Ukraine on Bankruptcy Procedures (the "Code").
Ukraine
12 Jun 2019
2
Directors' Duty To Consider The Interest Of Creditors And Transactions At An Undervalue
The Court of Appeal has given guidance on when the duty of directors to have regard to the interest of creditors arises. This is an important point, as the general statutory duty
UK
27 May 2019
3
BIA And CCAA Amendments: 2019 Federal Budget Proposes To Legislate On Good Faith Requirements, Directors' Duties And Corporate Disclosure Obligations
On April 8, 2019, the federal government introduced Bill C 97, An Act to Implement Certain Provisions of the Budget Tabled in Parliament On March 19, 2019 and Other Measures.
Canada
23 May 2019
4
Priority In Insolvency – Heavy Lies The Crown (Preference)?
Delivering on the announcement in the Autumn Budget, HMRC issued its consultation "Protecting your taxes in insolvency" on 26 February 2019.
UK
17 Apr 2019
5
Project Bank Accounts: Making Payment Fair
A year after its collapse, Carillion's insolvency continues to haunt both its supply chain and the wider UK construction industry.
UK
7 Mar 2019
6
Redwater – Impacts
Accordingly, the SCC's decision fundamentally changes the application of the law by receivers and trustees.
Canada
7 Feb 2019
7
Winding Up A Company In Record Time Despite Claim Of A Dispute Subject To Arbitration
In the recent High Court judgment in VTB Bank (Public Joint Stock Company) v Anan Group (Singapore) Pte Ltd [2018] SGHC 250, Dentons Rodyk, acting for the plaintiff,
United States
18 Dec 2018
8
Key Regulatory Developments In Ukraine - November 2018
On November 4, 2018 the Law "On Amendments to Certain Legal Acts of Ukraine Concerning Resumption of Lending" entered into force, which will become effective starting from February 4, 2019.
Ukraine
7 Dec 2018
9
Bankruptcy Trustees And Equitable Interests
In a recent decision, Silvia (Trustee) v Williams [2018] FCAFC 194, guidance was given by the Full Federal Court in relation to a claim by a trustee of a bankrupt spouse that the bankrupt
Australia
30 Nov 2018
10
Compromising English Law Debts: Has The Rule In Gibbs Had Its Day?
Under current English law, an English law debt can only be compromised by agreement or by the English courts.
UK
29 Nov 2018
11
Competition For The Best Restructuring Frameworks Has Started!
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.
European Union
30 Oct 2018
12
Insolvency And Corporate Governance Consultation: Government Proposals
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,
UK
25 Oct 2018
13
Government Responds To Insolvency And Corporate Governance Consultations
At the end of August, BEIS (finally) responded to a May 2016 consultation paper which reviewed the UK's corporate insolvency framework.
UK
19 Oct 2018
14
Romania
17 Oct 2018
15
Treasury Department Issues New CFIUS Regulations Launching FIRRMA Pilot Program, Requiring Declarations For Certain Transactions
On October 10, 2018, the Treasury Department, as chair of the Committee on Foreign Investment in the United States, issued interim regulations implementing certain mandatory review provisions of the Foreign Investment Risk Review Management Act ...
United States
17 Oct 2018
16
Restructuring In The Not-For-Profit Sector Part 1: Voluntary Administration
The voluntary administration process can be an effective restructuring tool for Not-for-Profit ('NFP') entities that are facing financial difficulties.
Australia
12 Oct 2018
17
Retail Insight
Voor u ligt onze kersverse Retail Glossy waarin wij u na deze zwoele zomer bijpraten over onder meer enkele juridische actualiteiten die de retail sector bezig
Netherlands
28 Sep 2018
18
Recent New York Decisions Bolster Use Of Chapter 15 By Debtor Representatives
Four recent decisions in the Chapter 15 arena all support the use of Chapter 15 by a foreign representative in the pursuit of relief in the US.
United States
27 Sep 2018
19
The New Belgium Insolvency Law
The reformed Belgium Insolvency Law adopted in 2017 eventually came into force on 1 May 2018.
European Union
19 Sep 2018
20
Mighty River Flows With The Tide
Yesterday, in "Mighty River" the High Court of Australia gave reasons for its decision that a DOCA which contemplated a potential restructure of a company and allowed further time for investigations into its affairs.
Australia
14 Sep 2018
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