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European Union
Alerion
On 15 september 2021, a major reform of French insolvency law was enacted, mainly to implement the European Restructuring Directive.
Carey Olsen
Carey Olsen is proud to have sponsored the 7th annual INSOL International Channel Islands Seminar which took place in Jersey on 14 September 2021.
France
Willkie Farr & Gallagher LLP
After the "Dutch scheme"1 and the "German scheme"2 entered into force at the beginning of 2021, France has now published its much-anticipated transposition of the European directive of 20 June 2019...
Guernsey
Collas Crill
There are two ways in which the Guernsey Royal Court can provide assistance to foreign insolvency practitioners...
Ireland
Matheson
There are a number of well-known reasons why Ireland continues to attract investment in aviation: its favourable tax regime; a wide double tax treaty network; ease of access to the EU and OECD;
Italy
Dentons
Tra gli strumenti di nuova introduzione, si segnala in particolare l'istituto della composizione negoziata per la soluzione della crisi di impresa.
UK
Mayer Brown
Provident SPV Ltd ("Provident") was a special purpose vehicle set up to assume liability for certain debts of two companies (the "lenders") in the Provident Finance group of companies.
Quadrant Chambers
Welcome to the next edition of the insolvency insight bulletin from the insolvency specialists at Quadrant Chambers. All cases link to the relevant judgments.
Morrison & Foerster LLP
The energy industry is well-provided for in terms of protecting consumers against extreme financial stresses among regulated suppliers.
Mills & Reeve
The companies proposing the scheme were high interest rate lenders to individuals on low to moderate incomes.
Mills & Reeve
Ipagoo LLP ("Ipagoo") was an electronic money institution that fell into administration. Ipagoo issued electronic money and provided multi-country and cross-currency payment account services.
Mills & Reeve
The trustees in bankruptcy brought proceedings under Insolvency Act s339 and/or s423, that were issued in October 2019 and listed for first hearing in March 2020.
Mills & Reeve
This case concerned a challenge made by a creditor (also a director) against a decision by an administrator to value another creditor's debt for voting purposes.
Winckworth Sherwood
Importantly, restrictions on commercial rent petitions will continue until a rent arbitration scheme is introduced.
Gatehouse Chambers
The highly acclaimed Gatehouse Chambers Insolvency #Brew is back for a new season, heralding the start of the Michaelmas Term.
Gatehouse Chambers
With the Government's eagerly anticipated new winding-up regime due to replace the CIGA restrictions the very next day, there could only be one topic on the agenda for discussion at this Brew.
Russell-Cooke Solicitors
The Government announced on 9 September 2021 that the temporary measures brought in by The Corporate Insolvency and Governance Act 2020 (CIGA) to support businesses from insolvency during the pandemic...
Alston & Bird
A UK court has allowed the first case where the most-senior creditor class has been compromised under a restructuring plan despite its objections. Our Financial Restructuring & Reorganization Group
Blaser Mills
The Government has announced that the temporary restrictions on winding-up petitions found in Schedule 10 of the Corporate Insolvency and Governance Act 2020 (CIGA 2020) will be phased out from 1 October 2021.
PDT Solicitors
The wait is over. After 18 months of "temporary" restrictions on issuing winding-up petitions imposed by Schedule 10 of the Corporate Governance and Insolvency Act 2020, from 1 October 2021 creditors will once again be able to issue ...
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