Mondaq All Regions: Insolvency/Bankruptcy/Re-structuring
Lenczner Slaght LLP
A five-judge panel of the Court of Appeal for Ontario has upset the long-standing conventional wisdom among bankruptcy and insolvency practitioners ...
Fasken (French)
Le 10 décembre 2018, la Cour supérieure du Québec (la « Cour ») a rendu un jugement important en matière de cession de contrats en vertu de la Loi sur les arrangements avec les créanciers des compagnies
Cassels Brock
On November 14, 2018, the Supreme Court of Canada delivered its reasons for reversing the Federal Court of Appeal's decision in Callidus Capital Corporation v Her Majesty the Queen, 2018 SCC 47.
Blake, Cassels & Graydon LLP
In 2018, several insolvency cases were litigated that will be of interest to commercial lenders in restructuring and insolvency proceedings.
Walkers
In the recent judgment In the matter of Abraaj Holdings (FSD 95 of 2018, Unreported 4 January 2019), the Grand Court of the Cayman Islands clarified that petitioning creditors in insolvency
Carey Olsen
2018 saw a number of high profile insolvencies around the world, including in Guernsey. The climate for many sectors remains extremely challenging with the UK further hindered ...
Appleby
The States of Guernsey have published draft legislation (the Draft Legislation) which recommends amendments to the current corporate insolvency legal regime contained within the Companies (Guernsey)
Singh & Associates
The law of insolvency and bankruptcy is in its evolving phase, learning from the past slipups and longing for its improvement for the future.
AMLEGALS
This appeal has been preferred by Mr. Sanjay Kumar Ruia (herein after referred to as Appellant) erstwhile 'Resolution Professional' of 'S.N. Plumbing Private Limited' against the order passed by the NCLT, Mumbai.
IndiaLaw LLP
In a recent judgment delivered by the Hon'ble Supreme Court presided by the division bench of R.F. Nariman J. And M.R. Shah J. dated 12th December 2018 in Jaipur Metals and Electricals Employees
IndiaLaw LLP
List of applications admitted by NCLTs under Insolvency and Bankruptcy Code, 2016 with details of public announcements inviting claims
IndiaLaw LLP
In a judgment with far reaching consequences in Brilliant Alloys Private Limited Vs. Mr. S. Rajagopal & Ors, a bench of the Supreme Court consisting of Mr. J Rohinton Fali Nariman and Mr. J Navin Sinha
Khaitan & Co
The NCLAT, vide its judgment in Usha Holdings LL.C. & Anr v Francorp Advisors Pvt Ltd (Company Appeal (AT) (Insolvency) No. 44 of 2018) dated 30 November 2018, held that the NCLT cannot determine ...
King, Stubb & Kasiva
Hon'ble National Company Law Appellate Tribunal in the case of Binani Industries Limited V. Bank of Baroda & Anr. on November 14, 2018 along with other connected matters has pronounced its ruling ...
VGC Law Firm
Thus, the Supreme Court did not explicitly strike down Regulation 30A, but construed it be directory in terms of the facts of each case.
Monosevich & Co
To What Extent The Status Of The Holder Of A Mortgage Is Guaranteed As A Guaranteed Creditor.
Mayer Brown
In a recent decision that will be of interest to capital and structured finance market participants
Ward and Smith, P.A.
In a Chapter 11 bankruptcy, the debtor attempts to reorganize its affairs in a Chapter 11 Plan.
Jones Day
In Hargreaves v. Nuverra Environmental Solutions Inc. (In re Nuverra Environmental Solutions Inc.), 590 B.R. 75 (D. Del. 2018) ...
Milbank, Tweed, Hadley & McCloy LLP
Milbank represented the Official Committee of Unsecured Creditors of M&G USA Corporation and its affiliated Debtors, which comprised the "chemicals division" of Mossi & Ghisolfi S.p.A....
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VGC Law Firm
The same have been briefly discussed in the present article.
Dentons
Saudi Arabia's bankruptcy and insolvency law regime has been governed by two regulations, the earliest dating back to 1930.
Clarus Law Associates
On 11.10.2018, a division bench of the Hon'ble Supreme Court of India comprising of Justice R.F. Nariman and Justice Navin Sinha in the matter of B.K. Educational Services Private Limited v Parag Gupta And Associates, ...
AMLEGALS
The amount of any liability in respect of any of the guarantee or indemnity for any of the items referred to in sub-clauses (a) to (h) of this clause.
IndusLaw
The Specific Relief (Amendment) Act, 2018 (the "Amendment Act") amending the provisions of the Specific Relief Act, 1963 (the "Act") came into force on August 1, 2018.
Fair & Just Legal Solutions LLP
The NCLT, Mumbai, accepted the application of Nisus and passed the order for commencement of insolvency resolution process.
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Code, 2016 ("Code") is considered as one of the biggest economic reforms.
Dhaval Vussonji & Associates
In our earlier article titled, "Homebuyers now Financial Creditors: Too many cooks spoil the resolution process?", we analysed the impact of the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018, ...
VGC Law Firm
It is apparent from the ongoing practice that IRPs consider the date of receipt of order as the date of the appointment.
S.S. Rana & Co. Advocates
The amendments to the IBC have made an attempt to ensure that only viable resolution plans from credible sources are accepted.
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