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Insolvency
Australia
Kott Gunning
The proposed reforms continue temporary restrictions on a creditor's ability to use benefits and efficiencies of CSDs.
Kott Gunning
Directors should be mindful of any potential personal exposure and risk under any new personal guarantees..
BRI Ferrier
The video discusses this model for SME restructuring and provides a practical example of what is in the marketplace.
Corrs Chambers Westgarth
The dominant purpose of examinations is for the benefit of the company in liquidation, its contributories and creditors.
Madgwicks
When a liquidator brings a claim for an unfair preference against a company, the good faith defence may be available.
Corrs Chambers Westgarth
The Court emphasised the importance of the COI to ensure effective creditor representation in the winding up process.
KordaMentha
This podcast discusses current business challenges and the implications of upcoming changes to Safe Harbour legislation.
LegalVision
Temporary changes to insolvency laws during COVID-19 give some protection to companies having financial difficulties.
Canada
Burnet, Duckworth & Palmer LLP
In Chandos Construction Ltd v Deloitte Restructuring Inc., 2020 SCC 25, the Supreme Court of Canada affirmed the common law anti-deprivation rule.
McCague Borlack LLP
In Ontario, the provincial legislation shows a commitment to protecting contractors and subcontractors by enabling them to collect outstanding balances owing for services and materials through the use of construction trusts, holdbacks and liens.
Hong Kong
Timothy Loh
In a soft touch provisional liquidation in Hong Kong, a provisional liquidator is appointed to pursue a corporate restructuring
Timothy Loh
During economic downturns, even businesses with strong long term prospects may face real short term working capital challenges and the ensuing prospect of corporate bankruptcy.
India
Parinam Law Associates
In a welcome move, the Hon'ble Supreme Court, in its Order dated 29th October 2020 in Transfer Petition (Civil) No. (s). 1034 of 2020 ("Transfer Petition"), directed transfer of all writ petitions...
Ireland
William Fry
High Court considers the meaning of when a company is insolvent for the purposes of an examinership and exercises its discretion against the appointment of an examiner on the basis of a lack of engagement with landlords.
Maples Group
The Irish High Court has approved a scheme of arrangement in respect of Nordic Aviation Capital, the world's largest regional aircraft leasing company.
Malta
Ganado Advocates
This is the Malta contribution published in a report by the AIJA (International Association of Young Lawyers) Insolvency Commission – November 2020
Russian Federation
GRATA International
Принят в производство иск о банкротстве крупнейшей на Юге судоходной компании, коm
Slovakia
Kinstellar
November 2020 – It has been four months since the launch of rental subsidies in Slovakia. The Ministry of Economy of the Slovak Republic has to date registered approximately 25,000 applications
Turkey
Esin Attorney Partnership
The Law on the Restructuring of Certain Receivables and Amendments to Certain Laws No. 7256 ("Law No. 7256") introduces provisions on restructuring the payment of certain public receivables
Esin Attorney Partnership
Bazı kamu alacaklarının ödenmesinde yeniden yapılandırmaya ilişkin hükümleri içeren 7256 sayılı Bazı Alacakların Yeniden Yapılandırılması ile Bazı
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