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Australia
Rostron Carlyle Rojas
Liquidation should be a last resort to financial difficulties, so consider these steps first.
Worrells
The Small Business Restructuring (SBR) program was introduced to assist businesses facing financial difficulties.
Worrells
Issuing a DPN is one way the ATO seeks to compel a director to comply with tax and superannuation obligations.
Coleman Greig Lawyers
Phoenixing is liquidating a company to avoid debts and then resurrecting the business via a separate entity.
Worrells
Directors need to understand the personal ramifications if their company does not pay the DPN liability.
Worrells
Considerations from two SBR plans accepted by the ATO, as the sole or major creditor.
Cayman Islands
Harneys
Justice Parker's decision of in North Sound Pharmaceuticals Inc concerns an appeal against the rejection of a proof of debt in a liquidation.
Ghana
Veritas International Nominees
The absence of an effective legal mechanism at par with the current and dynamic trends of business, particularly in the area of corporate insolvency fueled a lot of hostility towards the growth of
Hong Kong
Harneys
In the recent decision of In the Matter of Bo Run SPC, the Grand Court of the Cayman Islands considered whether it was permissible to file a composite petition to appoint receivers...
India
Argus Partners
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ...
Argus Partners
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ...
Khurana and Khurana
The classification of financial and operational debts within the context of insolvency proceedings presents a complex legal landscape that demands scrutiny and nuanced interpretation.
Argus Partners
On February 15, 2024, the Insolvency and Bankruptcy Board of India ("IBBI") amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 vide the Insolvency and Bankruptcy Board of India Regulations, 2024.
S&R Associates
The decision of the Bombay High Court (the "High Court") in Shiv Charan and Ors. v. Adjudicating Authority and Ors. ("Shiv Charan") has clarified the protection afforded to resolution applicants...
Argus Partners
On January 31, 2024, the Insolvency and Bankruptcy Board of India ("IBBI") amended the IBBI (Insolvency Resolution Process for Personal Guarantors to Corporate Debtors) Regulations, 2019.
Argus Partners
The Supreme Court on February 12, 2024 in ‘Greater Noida Industrial Development Authority v. Prabhjit Singh Soni' reported in 2024 SCC Online SC 122 sent back a resolution plan to the committee of creditors ("COC") for resubmission.
Argus Partners
In the case of ACRE – 81 Trust Through its trustee Assets Care & Reconstruction Enterprise Limited v. Pawan Kumar Goyal [2024 SCC OnLine NCLAT 90], the National Company Law Appellate Tribunal, Principal Bench.
Ireland
Dillon Eustace
Generally speaking, no. Neither lending to (larger) corporate borrowers nor taking the benefit of security over assets located in Ireland requires a foreign or nonbank lender to be licenced...
Italy
Arnone & Sicomo
Dichiarare fallimento, Dichiarare fallimento in Italia, imprenditore fallito, pagare i debiti, legge fallimentare, procedura fallimentare
AlixPartners
ディスラプション時代にビジネスリーダーがどのように経営の舵取りをするのか解き明かすAlixTalk。9.11、経営破綻、パンデミックなどのディスラ
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