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Insolvency
Australia
Corrs Chambers Westgarth
Complex and multinational schemes are likely to mean that liquidators require extra time to commence proceedings.
Rostron Carlyle Rojas
Liquidation should be a last resort to financial difficulties, so consider these steps first.
Worrells
The Small Business Restructuring (SBR) program was introduced to assist businesses facing financial difficulties.
Worrells
Issuing a DPN is one way the ATO seeks to compel a director to comply with tax and superannuation obligations.
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).
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.
Germany
AlixPartners
Wirklich beliebt ist die oder der CRO bei Unternehmen nur selten.
AlixPartners
In solchen Sondersituationen müssen Unternehmen schnell erfolgskritische Positionen besetzen und handlungsfähig bleiben. Interim-Manager übernehmen hier eine Schlüsselrolle...
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?
Harneys
In the recent decision of In the Matter of Bo Run SPC, the Grand Court of the Cayman Islands considered whether it was permissible to file a composite petition to appoint receivers...
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 ...
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 ...
Khurana and Khurana
The classification of financial and operational debts within the context of insolvency proceedings presents a complex legal landscape that demands scrutiny and nuanced interpretation.
Argus Partners
On February 15, 2024, the Insolvency and Bankruptcy Board of India ("IBBI") amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 vide the Insolvency and Bankruptcy Board of India Regulations, 2024.
S&R Associates
The decision of the Bombay High Court (the "High Court") in Shiv Charan and Ors. v. Adjudicating Authority and Ors. ("Shiv Charan") has clarified the protection afforded to resolution applicants...
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