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Insolvency
France
Courtois Lebel
As the SASs are not required to set up a "board of directors", the provisions obliging to convene the COMMITTEE delegates to the boards of directors' meetings are not applicable.
Guernsey
Carey Olsen
Reforms to Guernsey's insolvency laws that will provide for an even more effective corporate insolvency regime should be welcomed by those within industry
GuernseyFinance
Changes in Guernsey's Insolvency Law have been approved by the island's government, the States of Guernsey.
Carey Olsen
With the States of Guernsey's approval yesterday of the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the "Ordinance")
Collas Crill
On 15 January 2020 the States of Guernsey approved the long-awaited final version of the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the Ordinance).
Hong Kong
Hogan Lovells
Just in time for the Chinese New Year, a Hong Kong court has taken a major step forward in the developing law on cross-border insolvency by recognizing a mainland Chinese liquidation for the first time.
Dentons
On 13 January 2020, the Hong Kong Court of First Instance made an order recognising Mainland insolvency proceedings in respect of CEFC Shanghai International Group Limited
India
The Law Office of Jyoti B Singh
The Full Bench of the Hon'ble Supreme Court of India comprising of Mr. Justice R.F. Nariman, Mr. Justice Aniruddha Bose, and Mr. Justice V. Ramasubramanian in M/s. Maharashtra Seamless Limited v. Padmanabhan Venkatesh & Ors. ...
The Law Office of Jyoti B Singh
The Single Bench of Hon'ble National Company Law Tribunal, Mumbai bench in the matter of State Bank of India v. Ushdev International Limited (CP No.1790/IBC/NCLT/MB/MAH/2017) decided on the following issues, ...
The Law Office of Jyoti B Singh
The Insolvency and Bankruptcy Board of India (Voluntary Liquidation Process) (Amendment) Regulations, 2020 was notified by the Insolvency and Bankruptcy Board of India vide notification dated January 15, 2020 ...
IndusLaw
On January 6, 2020, the IBBI notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2020 to further amend the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016.
VGC Law Firm
On 6th January, 2020, the Insolvency and Bankruptcy Board of India ("IBBI"/ "Board") notified the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2020.
AZB & Partners
On October 24, 2019, CCI approved the acquisition of 100% of the total issued and paid-up equity share capital of Kwality Limited (‘Kwality') (which is undergoing insolvency resolution...
Phoenix Legal
After a battle that lasted approximately 900 days, the Supreme Court of India in the case of Committee of Creditors of Essar Steel India Limited through Authorised Signatory v. Satish Kumar Gupta, paved the way for ArcelorMittal ...
AZB & Partners
In the past few months, the Central Government and the Insolvency and Bankruptcy Board of India (‘IBBI') have introduced several changes to the Insolvency and Bankruptcy Code
United Arab Emirates
BSA Ahmad Bin Hezeem & Associates LLP
The new UAE Bankruptcy Law was widely discussed and debated upon its introduction in 2016. Brought in to encourage a ‘rescue culture', the regulations were hailed as a significant move in the ...
STA Law Firm
The new law viz. the Insolvency and Bankruptcy Code Ordinance (IBC 2019) has been amended recently and brought into effect from 2020 to protect the Corporate Debtor
United States
Ward and Smith, P.A.
Under the Bankruptcy Code, filing a bankruptcy petition automatically halts efforts to collect pre-petition debts from the debtor outside of bankruptcy.
Worldwide
McMillan LLP
Canada and Brazil share a long and significant common history of business and investment. Over a century ago, Canadian companies were heavily involved in building...
Hogan Lovells
Just in time for Chinese New Year, a Hong Kong court has taken a major step forward in the developing law on cross-border insolvency by recognising ...
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