The temporary insolvency protections relating to statutory demands, which will apply to all companies, are due to end.
A recent government media release announced an increase in the minimum dollar threshold for issuing a Bankruptcy Notice.
A recent media release reported an increase to the minimum dollar threshold for issuing a Bankruptcy Notice.
Corrs Chambers Westgarth
SC gave judicial advice to liquidators of related companies within the Octaviar group regarding a proposed settlement.
Insolvency protections – those expiring on 31 Dec 2020 & those starting on 1 Jan 2021. Recommendations for creditors & debtors.
Directors must continue to be mindful of the requirement to comply with their director's duties owed to the company.
Cooper Grace Ward
Small business owners may be able to get a transfer duty and vehicle registration duty exemption when they restructure.
The DOCA must be drafted carefully; or deed creditors may find that their sacrifice merely improves the claims of others.
Tauil & Chequer
On April 22, 2020, the Second Section of the Brazilian Superior Court of Justice ("STJ") submitted Special Appeals nº 1.843.332/RS, 1.840.531/RS, 1.840.812/RS, 1.842.911/RS and 1,843,382/RS to the system of special appeals dealing with the same matter of law.
Minden Gross LLP
The COVID-19 pandemic is projected to have a devastating impact on the Canadian economy. A recent report released by the Parliamentary Budget Officer indicated that the federal deficit could...
Cox & Palmer
This was an application by Benson Buffett ("BB"), legal counsel to PricewaterhouseCoopers ("PWC") in its capacity as receiver of Great North Data Ltd. ("GND")
Miller Thomson LLP
The resource sets out various options available to organizations experiencing financial hardship.
Borden Ladner Gervais LLP
BLG was pleased to be one of the presenting sponsors of the 2020 Western Legal Innovation Forum. The following is a recorded presentation of the panel discussion...
Davies Ward Phillips & Vineberg
The economic conditions caused by the COVID-19 pandemic are
unprecedented: unemployment is up, consumer confidence is down,
countless businesses have permanently closed and many others are
We appreciate that these are challenging times and that the need for cross-border advice on insolvency and restructuring matters may be required at short notice.
The first part of this chapter looks at the key aspects of the successful Cayman Islands restructuring regime.
On 17 December 2020, the German Parliament passed the Act on the Further Development of Restructuring and Insolvency Law ("SanInsFoG"), which is expected to lead to a fundamental change in the restructuring landscape in Germany.
In this article, we provide an overview of the corporate bankruptcy and insolvency regime in Hong Kong.
In the current economic climate, and particularly in the context of the implications of COVID-19 (coronavirus), many businesses are considering restructuring and/or rescheduling indebtedness.
In order to recalibrate the Minimum Public Shareholding (MPS) requirements for listed companies which are presently going under Corporate Insolvency Resolution Process (CIRP)...