Colin Biggers & Paisley
The Federal Government has announced a temporary relaxation of some of the laws relating to insolvent trading.
The Privy Council has determined clawback claims can be served outside of the jurisdiction on a foreign creditor.
The Cayman Islands has not adopted the UNCITRAL Model Law. Accordingly, a Chapter 11 of a Cayman Islands debtor and the Chapter 11 global stay will not be recognised by the Cayman Islands Court.
Areti Charidemou & Associates LLC
The lack of consistency and variance in the degree of protection afforded to investors across the European Union, have raised concerns as to the efficiency of the existing AIFMD and UCITS...
January 2020 saw the States of Guernsey pass the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (Ordinance)...
This briefing looks at the potential impact of the coronavirus (COVID-19) on businesses and examines steps that can be taken ...
The spotlight is now back on the role of directors in pre-pack deals following the English High Court's recent decision on the fiduciary duties directors owe following a company's insolvency.
Reforms to Guernsey's insolvency laws that will provide for an even more effective corporate insolvency regime should be welcomed by those within industry
Changes in Guernsey's Insolvency Law have been approved by the island's government, the States of Guernsey.
Just in time for the Chinese New Year, a Hong Kong court has taken a major step forward in the developing law on cross-border insolvency by recognizing a mainland Chinese liquidation for the first time.
In February 2016 ACC Loan Management Limited (ACC) appointed the plaintiff as receiver over two properties belonging to the first and second named defendants.
Bedell Cristin Cayman Partnership
There are two principal regimes for corporate insolvency in Jersey: désastre and winding-up.
Jersey is a popular place to establish an asset holding company because the Companies Law is modern, flexible and modelled on English companies legislation.
Once upon a time the high street was packed with household names. High footfall, consumer confidence and disposable income all made for fairy-tale returns for retailers and landlords alike.
This is the second in a series of Mauritius Regulatory Alerts in which we bring you an overview of the latest legal and regulatory developments in the offshore world, with a particular focus on Mauritius.
United Arab Emirates
New Insolvency or Bankruptcy law for individuals has recently received quite a lot of attention from foreign expatriates living in UAE.
BSA Ahmad Bin Hezeem & Associates LLP
Misconceptions persist among business owners and directors as to the purpose of the UAE Bankruptcy Law and its comparative likeness to international counterparts, notably the US Bankruptcy Code.
In answer to the question, "not quite". The use of Administration in Gibraltar for insolvent companies is a fairly recent, and in the case of insurance companies, an innovative use of this insolvency procedure.
Bedell Cristin Cayman Partnership
The Judicial Committee of the Privy Council ("Privy Council") in London, which is the highest appeal court for many Caribbean jurisdictions
Clyde & Co
India and the United Arab Emirates (‘UAE') have witnessed dynamic bilateral relations in the recent past. Leadership of both countries have endeavoured to bolster ties of the two economies which...