LATEST ARTICLES
Australia
Cathro & Partners
Link to 730 report story on the consequences of a financial adviser's companies going into liquidation.
FTI Consulting
Restructuring & Insolvency Comparative Guide for the jurisdiction of Australia, check out our comparative guides section to compare across multiple countries
Vincent Young
A garnishee order imposes an obligation on a third party (i.e. not the judgment debtor) to pay you the judgment debt amount. The third party must owe money to the judgment debtor.
Cathro & Partners
Discusses the Inquiry report commentary on the impact of illegal phoenix activity on corporate insolvency.
Corrs Chambers Westgarth
ASIC has sought clarity from the courts as to the independent role, diligence and care required of liquidators.
Holding Redlich
Conduct after a liquidator is appointed can significantly impact whether a disqualification period is imposed & the its length.
Worrells
A practical guide on the various tax issues that may arise from an SBR appointment.
Worrells
A DOCA is a formal agreement between a company and its creditors, a blueprint for how to manage and satisfy its debts.
Belgium
Loyens & Loeff
On 1 September 2023, the reformed Belgian Insolvency framework entered into force. This reform amends Book XX of the Code of Economic Law by introducing new reorganisation proceedings and amending...
British Virgin Islands
Walkers
In a dispute involving the issuance and vesting of cryptocurrency tokens our team of experts recently sought and obtained a proprietary injunction...
Bulgaria
Schoenherr Attorneys at Law
As of July 2017, there has been a pre-insolvency restructuring regime[1] for corporate entities in Bulgaria who are in a state of "likelihood of insolvency", but not actually insolvent...
Canada
Borden Ladner Gervais LLP
In Law Society of Alberta v Higgerty, the Alberta Court of King's Bench allowed for the appointment of a receiver and manager under the Judicature Act, RSA 2000, c J-2 (the Judicature Act).
Fasken
The priority of unfunded environmental obligations was once again at the fore of a recent decision from the Alberta Court of King's Bench (the "Court"). In Re Mantle Materials Group, Ltd, 2023 ABKB 488...
Osler, Hoskin & Harcourt LLP
Employee terminations and downsizing are features of most restructurings. While employees can typically assert a claim in the insolvency process, parallel claims and complaints...
Gowling WLG
Canadian insolvency law currently offers little protection to perishable fruits and vegetable suppliers (Produce Supplier) in the event of an insolvency or bankruptcy of a purchaser...
Aird & Berlis LLP
The Court of Appeal for Ontario in AssessNet Inc. v. Ferro Estate, 2023 ONCA 577 recently considered when an action commenced in respect of a claim that has been assigned pursuant to s. 38 of the Bankruptcy...
Blaney McMurtry LLP
Following are this week's summaries of the Court of Appeal for Ontario for the week of September 4, 2023.
McCarthy Tétrault LLP
A recent decision of the Court of King's Bench of Alberta provides useful guidance to distressed companies that are considering arrangement transactions under business corporations legislation.
McCarthy Tétrault LLP
In YG Limited Partnership and YSL Residences Inc. (Re), 2023 ONCA 505, the Court of Appeal for Ontario recently upheld a decision of Justice Osborne of the Commercial List that the limited...
Alaya Legal
Legislations are intended to address issues involving specific subject matter. A right granted under one legislation may be affected by the provisions of another legislation.
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