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Insolvency
Australia
Corrs Chambers Westgarth
The Court exercised its discretion and ordered that a proposed creditors' resolution to appoint liquidators was passed.
Canada
Borden Ladner Gervais LLP
On January 23, 2020, the Supreme Court of Canada unanimously allowed the appeal from the Québec Court of Appeal's ...
MLT Aikins LLP
In PricewaterhouseCoopers Inc v 1905393 Alberta Ltd, 2019 ABCA 433, the Alberta Court of Appeal recently clarified the test that a receiver must satisfy when seeking approval of a sale of assets.
Norton Rose Fulbright Canada LLP
In January 2020, Madam Justice B.E. Romaine of the Court of Queen's Bench of Alberta ruled that an administrative penalty levied against the Respondent by the Alberta Securities Commission survived his discharge from bankruptcy.
Davies Ward Phillips & Vineberg
The Supreme Court of Canada's decision in 9354-9186 Québec Inc. v Callidus Capital Corporation unanimously overturned a unanimous decision of the Québec Court of Appeal.
India
HSA Advocates
The banking sector has been under tremendous stress in the past few years due to the increasing number of non-performing assets (NPA)...
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Code, 2016 ("IBC") deals with reorganisation and insolvency resolution of corporate persons
Fair & Just Legal Solutions LLP
In case any corporate debtor defaults in making payment to its creditor(s), a corporate insolvency resolution process ("CIRP") may be initiated against such corporate debtor.
Fair & Just Legal Solutions LLP
The Insolvency and Bankruptcy Code, 2016 is considered as an important legislation for early detection of financial sickness of any corporate debtor and to deal with such sickness in a time bound manner ...
Jersey
Bedell Cristin Cayman Partnership
There are two principal regimes for corporate insolvency in Jersey: désastre and winding-up.
Netherlands
Jones Day
The Netherlands is planning to adopt new restructuring legislation, allowing for court confirmation of extrajudicial restructuring plans (Wet Homologatie Onderhands Akkoord, or WHOA).
South Africa
Fasken
The state of the SOEs is particularly complex, sensitive and special.
United Arab Emirates
BSA Ahmad Bin Hezeem & Associates LLP
Misconceptions persist among business owners and directors as to the purpose of the UAE Bankruptcy Law and its comparative likeness to international counterparts, notably the US Bankruptcy Code.
United States
Shearman & Sterling LLP
On January 14, 2020, the Supreme Court of the United States issued a decision resolving the question of whether a motion for relief from the automatic stay constitutes...
Squire Patton Boggs LLP
Thus Ritzen Group's notice of appeal came too late.
Kramer Levin Naftalis & Frankel LLP
In February 2018, the U.S. Supreme Court issued an opinion that, at first blush, appeared to severely curtail ...
Kramer Levin Naftalis & Frankel LLP
The recent decision of the Bankruptcy Court for the Southern District of New York in In re AAGS Holdings LLC, Case No. 19-13029 (SMB) (Bankr. D. Del. Nov. 12, 2019), ...
Worldwide
Bedell Cristin Cayman Partnership
The Judicial Committee of the Privy Council ("Privy Council") in London, which is the highest appeal court for many Caribbean jurisdictions
Hogan Lovells
Tightening trade restrictions and concerns swirling around intellectual property rights are creating new risks...
Kirkland & Ellis International LLP
The English court has held that solvent proceedings cannot be recognised under the Cross-Border Insolvency Regulations 2006 ("CBIR")
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