Top Companies Analysis of Liquidation Services Market Size in 2021 and Forecast to 2028
New Jersey, United States, – Market Research Intellect has been analyzing the technology and markets…
Monthly Archives: December, 2021
/https://specials-images.forbesimg.com/imageserve/61cc76416e6baa2f0590a845/0x0.jpg)
Crowdfunding campaign set up to support Coventry United ladies after liquidation
CRAYFORD, ENGLAND – NOVEMBER 17: The Coventry United squad regroup ahead of the second half…
Bombay HC cancels the SNA to the debtor company, to submit a report for the evaluation year preceding the approval of the resolution plan under the IBC
Through Mariya Paliwala – December 28, 2021 11:27 a.m. The Bombay High Court rescinded the…
Restructuring and insolvency of struggling businesses in Japan during COVID-19
Introduction Since the start of the COVID-19 pandemic, as in many other countries around the…
The ambiguity over the jurisdiction of NCLT and DRT under IBC – Insolvency / Bankruptcy / Restructuring
To print this article, simply register or connect to Mondaq.com. The problem of non-performing assets…
Coventry United liquidation: WSL star Alex Greenwood supports ‘heartbroken’ players
Manchester City and England star Alex Greenwood has tweeted his support for Coventry United players…
A debtor under another name? Court Certifies Issue to Florida Supreme Court
Florida law provides that a UCC-1 funding statement is “seriously misleading” if it does not…
Government seeks comments on proposed changes to insolvency law
The government on Thursday invited comments on various proposed amendments to the insolvency law, including…
Insolvency Department appoints two new directors
The Insolvency Department has announced the appointment of two new directors to its Official Receiver…
Monthly Update on Restructuring and Insolvency | December 2021 – Insolvency / Bankruptcy / Restructuring
India: Monthly Update on Restructuring and Insolvency | december 2021 23 December 2021 HSA lawyers…
Power under PMLA to seize assets ceases once liquidation under IBC begins: Delhi HC
The power to seize assets under the Money Laundering Prevention Act will end once the…
Insolvency – Bermuda: Law and Practice – Insolvency / Bankruptcy / Restructuring
1. STATE OF THE MARKET IN RESTRUCTURING 1.1 Market trends and changes Bermuda’s restructuring market…
UB Engineering’s tax issue and liquidation procedure in the event of a pandemic
Four years after a court ordered the liquidation of Vijay Mallya’s UB Engineering company, its…
Cross-Border Insolvency and Dispute Resolution Keepwell: Nuoxi Capital Ltd v Peking University Founder Group Co Ltd
In Nuoxi Capital Ltd v Founding Group of Peking University Co Ltd [2021] HKCFI 3817,…
John Doyle Construction Limited (in liquidation) v Erith Contractors Limited [2021] WLR (D) 516]
Overview This Court of Appeal case follows on from the Bresco case[1], Meadow[2] and John…
Cayman Court rules on insolvency test for receivership of separate SPC portfolio
The Grand Court of the Cayman Islands recently upheld the appropriate insolvency test to be…
PMLA Authority Jurisdiction Ceases Against Debtor Company Properties Once Liquidation Is Approved: Delhi High Court
Through Mariya Paliwala – December 20, 2021 11:54 a.m. The Delhi High Court has ruled…
Insolvency Department Gets Power to Prohibit Debt Escrow Administrators
The Insolvency Department can now investigate and disqualify directors who dissolve their own businesses in…
Delhi HC Ends ED Coercive Action Against IBC Liquidation Firms
In a detailed decision on the interaction between IBC and PMLA, the court authorized a…
TGIF – When Can Liquidators Use Partnership Assets to Satisfy Creditors’ Claims? – Insolvency / Bankruptcy / Restructuring
Australia: TGIF – When Can Liquidators Use Partnership Assets to Satisfy Creditors’ Claims? December 16,…
Federal judge confirms Sharity’s liquidation plan | Health
Country united states of americaUS Virgin IslandsMinor Outlying Islands of the United StatesCanadaMexico, United Mexican…
Arbitration and insolvency – a battle of priorities
Insolvency-related claims relating to contracts subject to arbitration agreements continue to pose interesting challenges for…
UCC Funding Statements and Debtor Name Errors: Litigation Continues
Section 9 of the Uniform Commercial Code, adopted in the fifty states plus the District…
Liquidation of collapsed developer Privium could ‘recover’ money for hundreds of creditors
Directors of collapsed Queensland real estate developer Privium Group have recommended its liquidation, after finding…
Managers receive £ 12.4million in fees for Thomas Cook liquidation assistance
By Bonnie Eslinger (December 14, 2021, 6:36 p.m. GMT) – A judge on Tuesday awarded…
Applicability of Insolvency Laws to Personal Guarantors
INTRODUCTION Apex Court on May 21, 2021 at Lalit Kumar Jain V. Union of India…
Limitation of the powers of the National Company Law Court – Insolvency and Bankruptcy Code, 2016
introduction National Tribunal for Company Law (“NCLT”) was introduced in the Companies Act 1956 in…
Advantage Seeking Del. Court OK For Ch. 11 Liquidation
By Leslie Pappas (Dec 9, 2021, 5:09 p.m. EST) – The former parent company of…
Liquidators and long-term contracts: the importance of court approval – Insolvency / Bankruptcy / Restructuring
Australia: Liquidators and long-term contracts: the importance of court approval December 09, 2021 Corrs Chambers…
CHINA EVERGRANDE GROUP – Insolvency claim against real estate conglomerate ready – International creditor and DMSA also seek joint venture partners to file insolvency claim | national news
Chinese real estate developer China Evergrande Group again defaulted on overdue interest payments on December…
Ch. 7 Debtors Cannot Block New Litigation Funding Agreement, Appeals Court Says
The names of companies and law firms shown above are generated automatically based on the…
Srei creditors can initiate joint insolvency proceedings
A consolidated insolvency proceeding or group insolvency, if accepted by the NCLT, may generate more…
At a glance: the liquidation and reorganization processes in the British Virgin Islands
Types of liquidation and reorganization processesVoluntary liquidationsWhat are the conditions for a debtor to initiate…
In short: the liquidation and reorganization processes in Luxembourg
Types of liquidation and reorganization processesVoluntary liquidationsWhat are the conditions for a debtor to initiate…
Spicejet liquidation: Madras HC gives Spicejet two weeks to pay $ 5 million in dues
The Madras High Court on Monday ordered the liquidation of SpiceJet for non-payment of $…
The personal assets of guarantors cannot be transferred during the CIRP of a debtor company without initiating a separate procedure – NCLAT – Finance and Banking
India: Personal property of guarantors cannot be transferred during the CIRP of a debtor company…
NCLT admits RBI’s plea in insolvency proceedings against Reliance Capital
The National Company Law Tribunal (NCLT) on Monday admitted the Reserve Bank’s plea to initiate…
OCSLA Amendments Set the Stage for Carbon Sequestration in Offshore Federal Waters
The Infrastructure Investment and Employment Act (the “Act”), which was signed into law on November…
Derby County and the threat of liquidation – The Athletic
In just over two months since Carl Jackson and Andrew Hosking were appointed joint directors,…
The liquidation of Pâtisserie Valerie obtains its agreement despite the errors
By Silvia Martelli (December 3, 2021, 19:15 GMT) – A judge said on Friday that…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/M6ASSJA4CBITNPLRCSWWZBAL34.jpg)
Limetree refinery’s failed bidder calls winning bid a “backdoor liquidation”
Limetree Bay Oil Refinery facilities are seen in St Croix, US Virgin Islands on June…
Start of insolvency proceedings against Reliance Capital; RBI file application – ThePrint
Text size: A- A + New Delhi [India], Dec. 3 (ANI): On Thursday, the Reserve…
RBI Opens Insolvency Proceedings Against Reliance Cap at NCLT, Mumbai
The Reserve Bank of India on Thursday filed an application to initiate insolvency proceedings against…
How can insolvency affect pending arbitration proceedings?
Keith Tully, Partner at Real Business Rescue, shares his knowledge of the ripple effect of…
When Zero Hour Strikes: The Insolvency and Bankruptcy Code as an Exit Mechanism – Insolvency / Bankruptcy / Restructuring
The Insolvency and Bankruptcy Code of 2016 (“Codeâ€) brought about a magnanimous change in the…