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Insolvency
Insolvency/Bankruptcy
Australia
Bennett & Philp Lawyers
When a company is unreasonably deadlocked by shareholder disputes, the shareholder may apply to have it wound up.
Corrs Chambers Westgarth
Complex and multinational schemes are likely to mean that liquidators require extra time to commence proceedings.
Vincent Young
Section 420A of the Corporations Act 2001 (Cth) (Act) obliges a receiver exercising a power of sale to take all reasonable care to sell the property for market value or the best price reasonably obtainable.
Vincent Young
Congratulations! You have just obtained an adjudication certificate. What comes next if the respondent refuses to pay the adjudicated amount?
Corrs Chambers Westgarth
When can a mortgagee claim a right to retain reasonable security for costs of anticipated litigation with a mortgagor?
Rostron Carlyle Rojas
Liquidation should be a last resort to financial difficulties, so consider these steps first.
Belgium
Loyens & Loeff
On 1 February 2024, the Belgian Parliament approved a new Book 6 of the Civil Code, which introduces significant changes to the country's tort liability regime.
Brazil
Tauil & Chequer
On April 5, 2024, the Brazilian Supreme Court, ruling on a Constitutional Complaint, ratified the imperative of Article 97 of the Federal Constitution and Binding Precedent 10...
Canada
Fasken
In the recent decision of Invico Diversified Income Limited Partnership v NewGrange Energy Inc, 2024 ABKB 214 ("NewGrange"), the Alberta Court of King's Bench...
Fasken
On April 8, 2024, the Alberta Court of Appeal released its highly anticipated decision in Qualex-Landmark Towers Inc v 12-10 Capital Corp, 2024 ABCA 115 (the "Appeal Decision").
Blake, Cassels & Graydon LLP
Several significant judicial decisions and legislative updates occurred in 2023 that are relevant to commercial lenders, businesses and restructuring professionals.
McCarthy Tétrault LLP
On April 16, 2024, Canada's Deputy Prime Minister and Minister of Finance, Chrystia Freeland, delivered the Liberal Government's federal budget, Fairness for Every Generation (Budget 2024).
Bennett Jones LLP
This week's highly anticipated decision of the Alberta Court of Appeal in Qualex-Landmark Towers Inc v 12-10 Capital Corp, 2024 ABCA 115 [Qualex]...
MLT Aikins LLP
The spate of cannabis insolvencies over the past several years have heralded a number of developments in Canadian insolvency law.
MLT Aikins LLP
In a landmark decision, the Alberta Court of Appeal (the Court) clarified the non-applicability of Redwater‘s environmental contamination principles to disputes between landowners outside insolvency proceedings.
Cayman Islands
Kroll HK Ltd
Kroll, the leading independent provider of global risk and financial advisory solutions, announced today the expansion of its Restructuring practice with the appointment of Angela Barkhouse.
Harneys
Justice Parker's decision of in North Sound Pharmaceuticals Inc concerns an appeal against the rejection of a proof of debt in a liquidation.
Hong Kong
Conyers
Is it possible for a debtor company to issue debt (such as bonds) and contractually agree for that debt to rank lower in priority than debts owed by a company to other unsecured creditors?
India
AJA Legal
The Insolvency and Bankruptcy Code, 2016 introduced a paradigm shift in India's insolvency regime by establishing a structured framework, offering a structured path for resolving distressed assets.
Argus Partners
The following is a snapshot of the important orders passed by the National Company Law Appellate Tribunal ("NCLAT"), under the Insolvency and Bankruptcy Code, 2016 ...
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