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Insolvency/Bankruptcy
Australia
Stacks Law Firm
Temporary safety net minimises the threat of insolvency and bankruptcy to financially distressed businesses.
Vincent Young
The Coronavirus Economic Response Package Omnibus Act 2020 (Cth) (Act) has come into force. The Act, among other things, makes temporary amendments to the Australian insolvency
Swaab
Article discusses the implications of the CERPO Bill on statutory demands, bankruptcy and insolvent trading.
Madgwicks
These are some practical tips in light of the possible consequences of a customer becoming insolvent due to the pandemic.
Madgwicks
As part of the effort to minimise the damage, the Government has announced some significant changes to insolvency laws.
Madgwicks
It is imperative to have your T & C's in order so you have maximum protection and rights if your customer fails to pay.
Corrs Chambers Westgarth
Amongst other things, the Act makes significant changes to creditor's statutory demands and insolvent trading laws.
BRI Ferrier
Businesses should act quickly to take advantage of the range of Government initiatives to assist with financial distress.
Canada
Norton Rose Fulbright Canada LLP
Remember, first and foremost, to consult the commercial lease to identify the clause that governs this situation..
Blaney McMurtry LLP
Following are this week's summaries of the Court of Appeal for Ontario.
MLT Aikins LLP
With the spread of the COVID-19 virus and the various state of emergency declarations made by provincial governments and cities across Western Canada, there is likely to be disruption to many...
Blaney McMurtry LLP
The COVID-19 pandemic is, first and foremost, a human and health crisis.
Fasken (French)
Le 17 mars 2020, la Cour d'appel du Québec (la « Cour ») a rendu un arrêt important en matière de compensation « pré-post » et de dettes « non-libérables » en vertu de la Loi sur les ...
Cassels
On March 26, 2020, the Supreme Court of Canada (the SCC) granted the leave application (the Leave Application) of the Crown on behalf of Canada Revenue Agency (CRA) in Her Majesty the Queen v Canada North Group Inc, et al...
McCarthy Tétrault LLP
Never before in history have businesses of all sizes and of all or almost all industries faced a crisis resulting from a simultaneous decline of supply and demand.
Blaney McMurtry LLP
Please find below our summaries of this past week's civil decisions of the Court of Appeal for Ontario.
Cayman Islands
Maples Group
The Cayman Islands has not adopted the UNCITRAL Model Law. Accordingly, a Chapter 11 of a Cayman Islands debtor and the Chapter 11 global stay will not be recognised by the Cayman Islands Court.
Cyprus
Patrikios Pavlou & Associates
More specifically, the measures introduced cover four categories and aim to strengthen the Depositaries' position in case where a Depositary elects to delegate its safe keeping functions.
France
August Debouzy
On March 16th, 2020, the French President announced, during a public conference, that a "State guarantee of 300 billion euros" program to secure loans granted...
Mayer Brown
With unanimous vote, the German Parliament passed the Law to mitigate the consequences of the COVID-19 pandemic in civil, criminal and insolvency law. This new law brings with it several (temporary) changes of law...
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