Stacks Law Firm
Temporary safety net minimises the threat of insolvency and bankruptcy to financially distressed businesses.
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
Article discusses the implications of the CERPO Bill on statutory demands, bankruptcy and insolvent trading.
These are some practical tips in light of the possible consequences of a customer becoming insolvent due to the pandemic.
Corrs Chambers Westgarth
Amongst other things, the Act makes significant changes to creditor's statutory demands and insolvent trading laws.
This government economic response hopes to prevent otherwise profitable and viable businesses from financial distress.
Cooper Grace Ward
In response to the COVID-19 pandemic, new laws have passed that grant temporary relief for businesses & individuals.
Article discusses the recent changes to statutory demands, bankruptcy & insolvent trading laws due to the COVID-19 pandemic.
Blaney McMurtry LLP
The COVID-19 pandemic is, first and foremost, a human and health crisis.
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 ...
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...
On March 17, 2020, the Court of Appeal of Québec issued an important ruling concerning "pre-post" compensation and "non-dischargeable" debts under the Companies' Creditors Arrangement Act, by finding that the debt of a municipality ...
On March 17, 2020, Ontario declared a state of emergency and ordered the closing of restaurants, movie theaters and concert venues, among other restrictions.
McCarthy Tétrault LLP
At the same time, the recent oil price shock has created significant challenges for businesses involved in the oil & gas industry, including both producers and service companies.
The global COVID-19 pandemic, coupled with an ill-timed crude oil price war between Saudi Arabia and Russia, has in a matter of mere weeks materially disrupted the global marketplace.
Aird & Berlis LLP
On March 6, 2020, the Ontario Court of Appeal (the "OCA") released its decision in Royal Bank of Canada v. Bodanis ("Bodanis"),...
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.
Areti Charidemou & Associates LLC
The lack of consistency and variance in the degree of protection afforded to investors across the European Union, have raised concerns as to the efficiency of the existing AIFMD and UCITS...
January 2020 saw the States of Guernsey pass the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (Ordinance)...
This briefing looks at the potential impact of the coronavirus (COVID-19) on businesses and examines steps that can be taken ...