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Insolvency
Australia
Cathro & Partners
Benefits of a MVL (the formal process of winding up the affairs of a solvent company).
Corrs Chambers Westgarth
Discusses recent case where liquidator was successful in having a mortgage declared as an unreasonable director-related transaction.
Norton Rose Fulbright Hong Kong
With the increase in global trade and business, often involving complex corporate structures in multiple jurisdictions, we expect to see a significant...
JB Solicitors
Being discharged from bankruptcy marks a fresh financial start, but the story of your bankrupt estate isn't over yet.
Corrs Chambers Westgarth
Discusses recent case where administrators successfully obtained orders modifying the operation of s443B Corporations Act.
Worrells
Company debts are not always director's debts.
Worrells
Discusses the changes made by the FWLA (Closing Loopholes) Act 2023.
Worrells
Examines the typical situations we see where insolvency can affect your ability to obtain credit and / or finance.
Bermuda
Conyers
Following the English High Court's written reasons for sanctioning the Adler Group restructuring plan on 21 April 2023 (you can see our deep dive on this decision here)...
Canada
Blake, Cassels & Graydon LLP
In the ever-changing landscape of Canadian insolvency law, substantive consolidation emerges as a powerful yet rare remedy with substantial implications for debtor entities and their creditors...
McCarthy Tétrault LLP
Restructuring & Insolvency Comparative Guide for the jurisdiction of Canada, check out our comparative guides section to compare across multiple countries
Borden Ladner Gervais LLP
The case of Milot Law v Sittler, 2024 ABCA 39 arises from the DeMara Consulting Inc. tax evasion scandal. Heather and Sheldon Sittler (collectively, the Sittlers)..
McCarthy Tétrault LLP
Court approval of a sale process in receivership or Bankruptcy and Insolvency Act ("BIA") proposal proceedings is generally a procedural order and objectors do not have an appeal as of right...
Torys LLP
Appeals under the Bankruptcy and Insolvency Act (BIA) generally result in an automatic stay of the order under appeal—a potentially costly and disruptive outcome.
Fasken
We've seen an uptick in corporate insolvency filings and creditor-driven CCAAs (Companies' Creditors Arrangement Act), followed by a corresponding increase in interesting developments in insolvency law.
Cayman Islands
Collas Crill
Collas Crill acted as Cayman Islands legal counsel to Holt Fund SPC (Company) in respect of its successful application for the appointment of restructuring officers.
Appleby
In one of only a handful of decisions handed down since the introduction of the Restructuring Officer (RO) regime in the Cayman Islands, the Grand Court...
Cyprus
CRI Group Ltd
Restructuring & Insolvency Comparative Guide for the jurisdiction of Cyprus, check out our comparative guides section to compare across multiple countries
Phoebus, Christos Clerides & Associates LLC (Clerides Legal)
With reference to the bankruptcy process, it has been decided and it has been characterised that it has a quasi-criminal nature with the aim of protecting and securing the debtor's property
Obhan & Associates
The Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 ("CIRP Regulations"), which provide for detailed provisions...
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