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Insolvency
Financial Restructuring
Australia
Worrells Solvency & Forensic Accountants
Courts are willing to give orders supporting administrators where they are seeking a strategy in the best interests of creditors.
Madgwicks
Recommendations to the government from an insolvency expert regarding post-COVID struggling businesses.
Corrs Chambers Westgarth
This decision highlights the proper test that the Court will consider when deciding whether to terminate a DOCA.
McCullough Robertson
‘Asset protection' is a term for a broad range of planning activities to reduce the risk exposure for business owners.
Corrs Chambers Westgarth
Restructuring & Insolvency Comparative Guide for the jurisdiction of Australia, check out our comparative guides section to compare across multiple countries
Worrells Solvency & Forensic Accountants
A DOCA is a proposal recommended by company directors to provide creditors with a return better than a winding up scenario.
KordaMentha
Voluntary administration can be a valuable option to restructure a company into a leaner, more profitable entity.
Worrells Solvency & Forensic Accountants
The effect of the termination of a DOCA in relation to personal guarantees provided to support the DOCA.
British Virgin Islands
Ogier
In February 2020 the British Virgin Islands Commercial Court sanctioned a creditor scheme of arrangement, which was part of a much larger cross boarder restructuring.
Canada
Lindsay Kenney LLP
Canadian businesses are facing the largest economic disruption of our times from the outbreak of the novel coronavirus and the public health measures required to contain it.
Lindsay Kenney LLP
During these financially uncertain times, many businesses are faced with new debt and possible insolvency or even bankruptcy.
Cassels
Amidst the COVID-19 pandemic and its adverse impact on the economy, insurers may find that their insureds are more frequently subject to bankruptcy or insolvency proceedings.
Norton Rose Fulbright Canada LLP
Joignez-vous à nous pour notre couverture en continu des incidences juridiques de la COVID-19 pour les dirigeants d'entreprise au Canada.
Osler, Hoskin & Harcourt LLP
On May 8, 2020, the Supreme Court of Canada (SCC) released its written reasons in 9354-9186 Québec Inc. v. Callidus Capital Corp.[1](the Bluberi case).
Fogler, Rubinoff LLP
Canada places a high value on 'rule of law' concepts in Anglo-American legal traditions.
Gowling WLG
Consider a scenario where a lender provides a borrower with a loan and secures that loan against the borrower's home.
Cayman Islands
Walkers
In the recent decision of the Grand Court of the Cayman Islands In the matter of Global-IP Cayman (unreported, 21 July 2020)
Walkers
Justice McMillan noted that the question of a secured creditor's standing to present a winding up petition had not previously been dealt with by the Grand Court.
Ogier
In recent years the Cayman Islands courts have become increasingly sympathetic to the needs of debtor companies looking to implement a viable restructuring plan.
A.G. Erotocritou LLC
The Covid-19 pandemic created an unprecedented situation for the lives and livelihoods of people from every socioeconomic background.
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