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British Virgin Islands
A recent matter which came before a strong Court of Appeal panel demonstrates that the BVI Court will continue to come to the aid of creditors pursuing unpaid debts and that they should not necessarily...
Kalo Advisors
Kalo Advisors
Cayman Islands
Maples Group
With certain sectors of the economy still under severe stress from the COVID-19 pandemic, the potential for defaulted assets within CLO portfolios...
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
AGP Law Firm | A.G. Paphitis & Co. LLC
During these difficult times, both SMEs and mutli-national businesses face financial struggles including cash flow shortages and decreased revenue.
European Union
Elias Neocleous & Co LLC
With the adoption of Directive (EU) 2019/1023 on preventive restructuring frameworks, discharge of debt and disqualifications and measures to increase efficiency (Preventive Restructuring Frameworks Directive)...
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.
Hong Kong
Akin Gump Strauss Hauer & Feld LLP
On May 14, 2021, the Department of Justice of the government of the Hong Kong Special Administrative Region announced that the Secretary for Justice of Hong Kong..
Carey Olsen
In the recent case of Byers and others v Chen Nanning [2021] UKPC 4, the UK Privy Council examined the duties of a director in relation to an insolvent British Virgin Islands (BVI) company
Dillon Eustace
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.
It is important that trustees understand their obligations if their trust structure comes under financial stress. Helpfully, the Jersey courts have provided guidance on the principles applicable to...
Partner Bruce MacNeil and managing associate James Lydeard at Ogier observe what makes the use of Jersey-incorporated acquisition and holding vehicles attractive for international restructuring transactions...
Loyens & Loeff
The most likely way to have an English scheme of arrangement recognised in Luxembourg would be by applying to the Luxembourg courts for an exequatur recognition procedure.
Loyens & Loeff
Pursuant to the Insolvency Regulation COMI is one of the central unified and autonomous concepts of the insolvent debtor, i.e. it is an insolvency concept and not a corporate law or tax concept.
Camilleri Preziosi Advocates
Donald Vella and Nicola Jaccarini have featured in the latest edition of Id-Dritt, a long-established peer reviewed law journal published by GhSL (Ghaqda Studenti tal-Ligi).
CMS Pasquier Ciulla Marquet Pastor Svara & Gazo
It should be noted that it is irrelevant that the time-limits for appeal have not expired or that review procedures are still open.
CMS Pasquier Ciulla Marquet Pastor Svara & Gazo
Il sera ainsi abordé successivement les éléments constitutifs du délit (1), les sanctions applicables (2) et enfin la prescription de l'action publique (3).
Hassan Elhais
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...
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