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Insolvency
Austria
Dorda Rechtsanwälte GmbH
Das in der Exekutionsordnung geregelte Zwangsvollstreckungsrecht ist trotz zahlreicher kleinerer Reformen in die Jahre gekommen.
European Union
Morrison & Foerster LLP
Howard Morris and Jai Mudhar authored an article for Recovery, covering the UK's restructuring and insolvency regime now that the UK is no longer in the direct sphere of influence of the...
Ireland
Arthur Cox
The Irish High Court has delivered its judgment on repudiation of contracts (including leases and guarantees)
Jersey
Walkers
A specialist in cross-border financial disputes and commercial litigation with 14 years' experience has joined Walkers' Jersey Insolvency & Dispute Resolution team as a Senior Counsel.
Malta
Ganado Advocates
English company law is an important source of Maltese company law and the court acknowledged that the Maltese Companies Act drew heavily from the 1985 UK Companies Act.
Mamo TCV Advocates
In its recent decision Xuereb v Weber Construction Limited Et (decided 18 March 2021) the Civil Court (Commercial Section) weighed in once more on the appropriate tests to be applied when assessing a company's inability to pay ...
Turkey
Ersoy Bilgehan
The Presidential Cabinet has implemented nation-wide curfew measures starting from 19.00 on Thursday, April 29, 2021 until 05.00 on Monday, May 17, 2021 in order to curb the spread of the Covid-19...
CottGroup
A provisional article was added to the Law Amending Some Laws dated March 25, 2020 and numbered 7226 With the Law Amending the Tax Procedure Law and Some Laws published in the Official Gazette dated April 30, 2021 and numbered 31470.
Egemenoglu Hukuk Burosu
Konkordato kurumunun amaçlarından biri, borçlunun mal varlığının başında bulunarak işletmesini yeniden sağlam bir yapıya kavuşturmasıdır.
Basgul Attorneys at Law
A Turkish court might declare concordat when a debtor, who has, or is threatened to be defaulted on his debts, agrees with its creditors on the restructuring of most of his debts.
UK
Mayer Brown
On 26 March 2021, Mr Justice Zacaroli of the English High Court sanctioned a restructuring plan proposed by gategroup Guarantee Limited, following approval at two creditors' meetings convened pursuant to a judgment ...
Mayer Brown
The Pension Schemes Act 2021 (the "Act") introduces new criminal offences relating to UK defined benefit pension schemes which can be committed by any person whose intentional or reckless conduct...
Gowling WLG
When used correctly, pre-pack administrations can be an effective means of creating an opportunity for the rescue of an insolvent business.
Gowling WLG
Virgin Active has been in the news recently, as it has proposed restructuring plans which rely on the new legislation found in the Corporate Governance and Insolvency Act 2020.
Cleaver Fulton Rankin
The Bankruptcy Court recently delivered a judgement following an application to extend the 3 year statutory period which permits a Trustee in Bankruptcy to realise a bankrupt's home for the benefit of the estate.
Reynolds Porter Chamberlain
The UK has introduced the Restructuring Plan; a new, flexible court supervised restructuring tool. The Restructuring Plan draws upon features of the existing Companies Act 2006...
Reynolds Porter Chamberlain
The latest statistics show that over 11 million workers have been furloughed in the UK as part of the government's job retention scheme (that equates to 16% of the population or one in six people)...
Stevens & Bolton
On 24 February 2021, the government published new draft Administration (Restrictions on Disposal etc. to Connected Persons) Regulations 2021 (the Regulations)
Stevens & Bolton
As the UK slowly emerges from the second wave of the COVID-19 pandemic, the government has announced the further extension of the duration of certain temporary measures initially introduced...
Milbank LLP
The intercreditor frameworks applicable to a given financing structure in a particular market are often fairly settled, but in cross-border financings for European borrowers or other financings...
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