British Virgin Islands
In its recent decision in Net International Property Limited v Erez, the Eastern Caribbean Court of Appeal considered whether the BVI Courts had jurisdiction at common law to recognize an ...
In a recent judgment in the liquidation of Herald Fund SPC, an insolvent Madoff feeder fund, the Grand Court addressed the extent to which official liquidators
With the focus on distress in the shipping and oil and gas sectors, predictable and cost-effective tools to implement a debt restructuring have never been more crucial.
One tool often used in the Cayman Islands, Bermuda and the British Virgin Islands to help clients restructure their liabilities is a scheme of arrangements.
The new Corporate Insolvency & Bankruptcy Regime - which has been in the making for 10 years - will bring about changes to the implementation of a stand-alone restructuring moratorium.
The Cayman Islands and Hong Kong courts have both provided useful directions in recent months as to the manner in which the courts in the respective jurisdictions will manage cross-border applications to restructure Cayman Islands companies, ...
The U.S. Bankruptcy Court for the S.D.N.Y. provided further clarity in the Fairfield Sentry litigation on whether foreign constructive trust claims are avoidance claims in assessing the applicability of Sections 546(e) and 561(d).
The U.S. Bankruptcy Court for the S.D.N.Y. provided clarity in the Fairfield Sentry litigation on the implication of Sections 546(e) and 561(d), U.S. bankruptcy safe harbor laws,...
The BREXIT transition period ended on 31 December 2020 and has significantly changed the UK insolvency landscape in terms of the effect this has on cross border insolvencies.
Across the world, government support has kept insolvency rates down but as jurisdictions look to loosen restrictions and ease back into some kind of normality, governments can't foot the bill forever.
In the recent case of Byers and others v Chen Nanning  UKPC 4, the UK Privy Council examined the duties of a director in relation to an insolvent British Virgin Islands (BVI) company
Akin Gump Strauss Hauer & Feld LLP
We are pleased to present our March 2021 update on recent key insolvency and restructuring cases in Hong Kong.
Akin Gump Strauss Hauer & Feld LLP
In Re Lamtex Holdings Limited, the Hong Kong Companies Court recently ordered the winding-up of a Bermuda-incorporated Hong Kong-listed company. While the winding-up in Hong Kong...
In this in-depth feature, Financier Worldwide canvases Jamie Ensor's opinion on the latest trends in corporate restructurings and insolvencies in the Irish market in 2021.
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.
In the Representation of Matthew David Smith and Ors.  JRC 047 the Royal Court of Jersey has handed down an important decision, exercising its discretion to grant a moratorium...
Loyens & Loeff
Considering that both criminal and civil sanctions apply to the board of directors or managers of a Luxembourg commercial company for failure to declare bankruptcy in proper time, it is essential to determine exactly when ...
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 ...
United Arab Emirates
Financial liability in terms of multiple loans or credit cards is to be best handled by availing the option of a ‘Debt consolidation loan in UAE'. There are several banks in the UAE providing the...
This article provides for the insolvency law for the companies who are facing losses and are opting for deceleration of insolvency during the pandemic. Covid -19 pandemic has not only disturbed...