Mondaq All Regions: Insolvency/Bankruptcy/Re-structuring
Worrells Solvency & Forensic Accountants
Powers available to the bankruptcy trustee ensure that recoveries for the bankrupt estate's creditors are maximised.
Corrs Chambers Westgarth
Complex situations, where matters are adversarial, warrant judicial advice, but not for deciding the specific dispute.
Schoenherr Attorneys at Law
The Austrian Supreme Court has recently found that insolvency related avoidance claims can be sold.
Appleby
In the recent decision of Re C&J Energy Ltd and another the Supreme Court of Bermuda continued a line of judgments which establish the court's willingness.
Borden Ladner Gervais LLP
Effective November 1, 2019, amendments to the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3 (the BIA) and the Companies' Creditors Arrangement Act, R.S.C. 1985, c. C-36 (the CCAA)...
LexCounsel Law Offices
Can you rescue your raw materials or unfinished products from a company after it goes under insolvency?
Duncan Cotterill
The Act removes an escape for directors and company officers by imposing mandatory reporting obligations on liquidators.
Kane Russell Coleman Logan
On September 27, 2019, three years after Congress passed PROMESA and two years after the most severe Hurricane in more than 100 years devastated Puerto Rico
MGC Legal
Temporary respite lasts three months. Court can prolong the temporary respite for maximum two extra months upon a claim from the debtor or temporary commissioner before the expiration of three-month period.
Debevoise & Plimpton
Previous UK governments have brought forward various policies to encourage and facilitate business rescue, to stimulate lending to growth businesses, and to protect unsecured creditors
RBC VAT
From April 2020, HMRC will become a secondary preferential creditor in insolvency proceedings, giving them priority in the recovery of VAT and certain other debts owed to them.
Hogan Lovells
On 19 September 2019, Norris J handed down judgment in the challenge brought by six landlords against the Debenhams Retail Limited (Debenhams) company
Reed Smith (Worldwide)
Following the insolvency of Monarch Airlines Limited (in administration) (Monarch), a large number of employees of Monarch were made redundant.
Squire Patton Boggs LLP
On August 26, 2019, President Trump signed the Small Business Reorganization Act into law.
Squire Patton Boggs LLP
The debtors' response was long on empathy but short on legal argument.
Mintz
In French v. Linn Energy, L.L.C. (In re Linn Energy, L.L.C.), the United States Court of Appeals for the Fifth Circuit addressed the scope of Bankruptcy Code Section 510(b),
Rimon P.C.
As a result, the Third Circuit determined that the intercreditor agreement waterfall did not apply.
Masuda, Funai, Eifert & Mitchell, Ltd.
Secured creditors filing a UCC financing statement under Article 9 must include a description of the collateral. (UCC 9-502) UCC Article 9 adopts a "notice filing" system,...
Gibson, Dunn & Crutcher
To achieve a successful reorganization, the first need of a debtor is access to post-petition financing. During the webinar, we review new developments in debtor...
Kane Russell Coleman Logan
A fundamental rule in bankruptcy proceedings is that prepetition claims are not paid without a plan or separate order of the bankruptcy court.
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Blaney McMurtry LLP
In Dermann v. Baker, 2019 ONCA 584, the Court considered the qualifying of certain witnesses as experts for the purposes of r. 53.03 of the Rules of Civil Procedure
Trilegal
The Insolvency and Bankruptcy Code (Amendment) Act, 2019 seeks to address critical gaps and inconsistencies in insolvency resolution timelines, payments received by operational creditors under
VGC Law Firm
The default referred to herein above is in respect of a financial debt owed to any financial creditor.
Corrs Chambers Westgarth
This case is an example of courts considering and largely accepting cross-jurisdictional cooperation in insolvency matters.
Morrison & Foerster LLP
The Supreme Court's recent decision in Mission Product Holdings, Inc., v. Tempnology, LLC [1] clarifies that a debtor-licensor's rejection of a trademark license under § 365(a) ...
Arnold & Porter
The U.S. District Court for the Southern District of New York recently issued an important decision addressing the applicability of the Section 546(e)
IndiaLaw LLP
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims
Cyril Amarchand Mangaldas
The Insolvency and Bankruptcy Code, 2016 (IBC) has been widely considered a landmark legislation that has brought about a paradigm shift in the recovery and resolution process.
Dentons
On April 8, 2019, the federal government introduced Bill C 97, An Act to Implement Certain Provisions of the Budget Tabled in Parliament On March 19, 2019 and Other Measures.
Corrs Chambers Westgarth
Complex situations, where matters are adversarial, warrant judicial advice, but not for deciding the specific dispute.
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