Searching Content indexed under Financial Restructuring by Reed Smith (Worldwide) ordered by Published Date Descending.
Links to Result pages
1 2  
A Shift In Focus: Rescuing Viable Companies
This article will primarily look at the proposed changes focused on facilitating a rescue culture.
31 Oct 2018
What Do House Of Fraser, Byron Burger, Carluccios, Mothercare, Prezzo And Carpetright Have In Common?
These are just a few of the big high street names which have sought to compromise their obligations to creditors in recent months via a company voluntary arrangement (CVA).
4 Jul 2018
Step Aside, Payday Loans: There's an Old Kid in Town
You could be forgiven for thinking that the Bills of Sale Acts of 1878 and 1882 would have been repealed by now, or could never apply to you, over 130 years after they were drafted.
29 Aug 2017
No Intention? No Notice!
In a judgment that will undoubtedly impact what has become fairly common practice when filing notices of intention to appoint an administrator ("NOITA"), the Court of Appeal has held in JCAM Commercial Real Estate Property XV Ltd v Davis Haulage Ltd that a company seeking to give notice of intention to appoint under paragraph 26 of Schedule B1 to the Insolvency Act 1986
8 May 2017
Disclaimers: Paper Shield Or Your Best Protection?
The UK Court of Appeal recently considered the liability of issuers to secondary market investors under the Misrepresentation Act 1967 (the "1967 Act") in the case of Taberna Europe CDO II Plc v Selskabet (formerly Roskilde Bank A/S) (In bankruptcy) [2016] EWCA Civ 1262.
28 Mar 2017
The New UAE Bankruptcy Law
The current law regarding insolvency in the UAE is not a comprehensive regime, and the present framework is found across three different laws...
United Arab Emirates
24 Nov 2016
Court Of Appeal Considers The Treatment Of Contingent Assets In Balance Sheet Test
The Court of Appeal recently considered an appeal from the liquidators of a property development company which went into creditors' voluntary liquidation.
22 Sep 2016
UAE Bankruptcy Law
Currently in the UAE, laws related to insolvency are unclear. Companies face harsh penalties in a bankruptcy scenario, and individuals can face criminal sanctions and penal sentences.
United Arab Emirates
9 Sep 2016
Court Decides To ‘Wait And See' İn İts Refusal To Grant An Administration Order
The judgment is particularly interesting as the courts have traditionally refrained from exercising independent commercial judgment in such matters.
4 Aug 2016
Directors In The Twilight Zone: Administ(rate) With Caution
The recent criminal charges being brought against the former directors of City Link Limited (in administration) are a timely reminder for insolvency practitioners and directors to be mindful of their employment law obligations when initiating and carrying out collective redundancies.
20 Oct 2015
Further Changes To French Corporate And Insolvency Legislation
In this article, Anker Sorensen, a partner of the Financial Industry Group of the Paris office of Reed Smith LLP, practicing predominantly in the area of corporate and restructuring, shortly describes and comments the main changes which have been introduced by the "Macron law" in the insolvency/corporate restructuring area
20 Oct 2015
Capital Controls In Greece
On 28 June the Greek government imposed capital controls and introduced a bank holiday period, during which the banks remained closed. On 18 July 2015 a new legislative act was passed, with which the bank holiday period ended and banks re-opened.
24 Sep 2015
Brazil, Bribes And Backward Tracing – Only In Jersey
The Municipality of Sao Paulo and the Republic of Brazil successfully defeated an appeal from two BVI registered companies to the Privy Council which considered what the circumstances are, if any, where backward tracing would be permitted.
27 Aug 2015
English Schemes Of Arrangement: Some Practical Advice For Proponents
In what appears to be a growing trend, the High Court in England has sanctioned another scheme of arrangement involving non-English companies.
31 Jul 2015
Dutch Company, New York Law – An English Scheme Of Arrangement?
Following upon the November judgment in Re APCOA Parking Holdings GmbH, last week Mrs. Justice Rose sanctioned a scheme of arrangement between DTEK Finance B.V. and holders of notes issued by DTEK in 2010.
15 May 2015
The Versailles Court Of Appeal Fine-Tunes The Duty Of Loyalty Owed By Managing Directors
A Managing Director of a French Société Anonyme has a statutory duty of loyalty towards the shareholders of such company.
18 Apr 2015
Continuity Of Supply Of Essential Services To Be Guaranteed During Business Recovery
An Order was laid before the UK Parliament on Monday to prevent services suppliers from cutting off supplies or charging premium rates while insolvency practitioners seek a viable solution to rescue a business.
11 Feb 2015
The Fall In Crude Oil Prices: Headline Issues To Watch
Oil price movement through 2014 and into 2015 is a consequence of market fundamentals. Europe's continued economic woes, paired with the slowdown in China's economy, have led to a fall in demand for oil.
31 Jan 2015
A Cautionary Tale: Companies House Owes A Duty Of Care When Registering Winding Up Orders
In Sebry v Companies House and The Registrar of Companies, it was recently held that Companies House owes a duty of care when entering a winding up order ("Order") on the Register of Companies.
31 Jan 2015
New Class Of Secondary Preferential Creditors Created
Legislation has come into effect to create a new class of debt in insolvency, being "secondary preferential debts".
17 Jan 2015
Links to Result pages
1 2