Cleary Gottlieb Steen & Hamilton LLP
In response to the financial difficulties many companies were facing due to the lockdown earlier this year in the wake of the COVID-19 pandemic...
The current maximum period of protection for companies under examinership has been extended to 150 days, with an increase of a further 50 days.
The European Commission published its "new, ambitious" Capital Markets Union Action Plan on 24 September 2020, and emphasised how important a fully integrated single capital market...
The following guide sets out 5 key steps relating to the enforcement of security in default situations in Irish commercial lending.
Many businesses are facing testing and unprecedented challenges due to the impact of Covid-19.
Earlier this week the FIAU issued Implementing Procedures applicable to the Virtual Financial Assets (VFA) sector.
Lenz & Staehelin
Le 16 avril 2020, le Conseil fédéral avait adopté l'Ordonnance COVID-19 insolvabilité. L'un de ses principaux objectifs était de diminuer la pression subie par les organes d'administration...
Lenz & Staehelin
On 16 April 2020, the Swiss Federal Council enacted the COVID-19 Insolvency Ordinance.
Private equity firms have largely been closed off from government support in the UK context, and are in many cases heavily exposed to sectors like retail and hospitality that have been severely impacted by the pandemic.
The current COVID-19 pandemic has placed many companies registered in England and Wales into a position where they are now either balance sheet or cash flow insolvency or both.
In the recent High Court decision in Rawbank S.A. -v- Travelex Banknotes Ltd  EWHC 1619 (Ch) the advantages of making a Part 36
The Corporate Insolvency and Governance Act 2020 (the Act) received royal assent on 25 June 2020 and is now in force.
How is the securitisation industry responding to the Covid-19 fallout and how is it impacting securitisation structures?...
Duncan Lole and Olivia Robinson discuss their recent case in the High Court (Strategic Advantage SPC v High Street Rooftop Holdings Limited
Does a negative valuation from an Adjudicator equate to an order for payment?
At Ocorian we work very closely with a diverse range of fund managers, who are adept at spotting opportunities and have accelerated the level of fundraising within pre-existing special ...
On 9 September 2020, the FCA published a Final Notice in relation to Conor Foley, the former Chief Executive Officer of WorldSpreads Limited.
Charles Russell Speechlys LLP
Yesterday (8 October 2020) the Government published the results of its review into pre-pack administrations and has made some interesting (but perhaps unwelcomed) indications as to how legislation surrounding pre-packs will shortly be reformed.
The Corporate Insolvency and Governance Act (‘CIGA') which came into force on 26 June 2020 represents one of the biggest changes to the insolvency law of England and Wales in two decades.
It is trite law that where a petition debt is disputed in good faith and on substantial grounds, the ordinary practice of the Court is to dismiss or strike out the winding up petition.