It's unclear that safe harbours by themselves will provide genuine opportunities for restructuring distressed businesses.
Corrs Chambers Westgarth
This decision confirms the importance of a receiver obtaining advice on the appropriate means of sale of an asset(s),.
Cooper Grace Ward
A shareholder may be able to have a Court-ordered winding up terminated under section 482 of the Corporations Act 2001.
Alternative Dispute Resolution provides insolvency practitioners with a range of options for enforcing claims.
King & Wood Mallesons
This article summarizes recent judicial practice in the calculation of losses caused by defective forced liquidations.
In response to the turbulent economic times seen of late, there has been a significant growth in the use of schemes of arrangement to compromise creditors' claims where the company in question is facing financial difficulty.
Nishith Desai Associates
CNBC TV18: Draft Bankruptcy Bill Soon?
The concept of Strategic Debt Restructuring ("SDR") has been introduced by the Reserve Bank of India in the SDR Scheme to help banks recover their loans by taking control of the distressed listed companies.
Finsec Law Advisors
The RBI, in its recent circular titled "Strategic Debt Restructuring Scheme", provided a framework whereby lender banks have been granted enhanced capabilities to initiate a change in ownership of a defaulting borrower...
Singh & Associates
The Reserve Bank of India (RBI) on 8 June 2015 announced Strategic Debt Restructuring (SDR) Scheme which allows banks and Term-lending and Refinancing Institutions to convert their loans into equity stake.
Khaitan & Co
Often companies finds themselves in a situation where traditional means of revival are not sufficient.
Providing information to a liquidator under oath in a section 261 examination may be safer and protect you from suit.
This is a assessment of our previous review and our best guess of insolvency issues to dominate the next 12 months.
Receivers should be wary of section 32(5) of the Receiverships Act, with personal liability for rent and other payments.
The court rejected the controversial "peak indebtedness" approach to calculating voidable transactions in a liquidation.
This Court of Appeal decision dismissed two appeals on an issue that is significant for both liquidators and creditors.
The case raises issues about the appropriate balance between promoting retirement savings and protecting creditor rights.
The case of Re Vanguard Energy Pte Ltd was heard in Singapore recently, with judgment handed down by the High Court on 9 June 2015.