Mondaq All Regions: Insolvency/Bankruptcy/Re-structuring
Norton Rose Fulbright Australia
The law reforms hope to develop a culture of restructuring and encourage investment in a company in financial distress.
Pointon Partners
If there are competing applications for substitution, the Court has discretion to decide which application is successful.
Corrs Chambers Westgarth
The WA Court approved the remuneration, but deferred any decisions about trust distributions until after the High Court.
Holding Redlich
The aim of the new regime is to preserve the enterprise value of a business undertaking a formal restructure process.
Knoetzl
Director's liability is a recurring issue in both the Austrian and German courts. One reason is that, when a company goes into bankruptcy, its receivers and creditors tend to look for alternative sources of funds...
Walkers
A bold judicial reimagining of the Court's existing power to appoint a provisional liquidator for asset preservation purposes, Bermuda's ‘lighttouch' provisional liquidation ...
Walkers
Cross-border restructurings often present a number of challenging issues for practitioners not least where the company in financial difficulty is incorporated in a jurisdiction without an efficient or sophisticated
Katona & Partners Attorneys at Law
Alles was einen Anfang hat, hat auch ein Ende!
Dhir & Dhir Associates
While the case for employees may be rooted in social welfare, liquidation as a going concern of a financially troubled entity also makes sound business sense.
STA Law Firm
Prominent American Essayist Ralph Waldo Emerson once said that money often costs too much.
BSA Ahmad Bin Hezeem & Associates LLP
The article discusses preventative settlement, financial reorganization and restructuring, liquidation process, as well as preventative settlement and financial reorganization for small debtors.
Withers LLP
Court-directed mediations are expected to be part of wide-ranging reforms to Singapore's insolvency statutory regime in the second half of 2018.
Gowling WLG
The new housing administration regime for registered providers of social housing is now in force. Our latest Insight introduces the new legislation and highlights some of the key ways ...
Reed Smith (Worldwide)
Former world number one and three-time Wimbledon champion Boris Becker, who was declared bankrupt by an order dated 21 June 2017, is claiming diplomatic immunity against ongoing bankruptcy...
Duff and Phelps
Ashwini Mehra, Senior Advisor, Duff & Phelps was featured in CII Communiqué – the monthly newsletter of the Confederation of Indian Industry.
Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.
It is not unusual for a creditor of a debtor to cry foul that a non-debtor affiliate has substantial assets, but has not joined the bankruptcy.
Bowditch & Dewey
Joshua Lee Smith has been appointed to the Westborough Economic Development Committee (EDC), which has been serving the town of Westborough since 2008. Smith's term will run through June 2019.
Duane Morris LLP
In a recent decision out of the U.S. Bankruptcy Court for the Western District of Virginia, a court analyzed the effect of a setoff effectuated between two governmental units in the 90 days...
Duane Morris LLP
The Supreme Court's opinion has implications for both creditors and borrowers in future transactions.
WilmerHale
ABI's Quick Evidence Handbook, Second Edition is a practical and highly accessible primer on the mechanics of admitting (or excluding) evidence in bankruptcy cases.
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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.
ClarkeKann Lawyers
PBAs are trust accounts, intended to protect down the line subcontractors from the insolvency of up the line contractors.
Worrells Solvency & Forensic Accountants
Section 588FDA of the Corporations Act provided that it was voidable as an unreasonable director-related transaction.
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.
Corrs Chambers Westgarth
Options available to liquidators when examinee fails to appear including option of adverse costs orders if examinee appeals.
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
AFSA has recently released annual statistics, trends and also data about personal insolvency causes for the 2016-17 year.
Worrells Solvency & Forensic Accountants
A company director who receives a statutory demand for payment from a creditor must act appropriately within 21 days.
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