Subchapter V—Fourth Circuit Rules Are No Panacea for the Dishonest Debtor
The bankruptcy protector In 2019, Congress enacted the Small Business Reorganization Act. This legislation created…
Monthly Archives: June, 2022
Clearance Services Market by Competitive Landscape, SWOT Analysis, Opportunities & Challenges, Growth by 2022-2028 – Designer Women
The detailed analysis of the Global Liquidation Services Market provides key insights on changing industry…
NCLT Mumbai launches CIRP against GIT Textiles
The National Company Law Court (“NCLT”), Mumbai Bench, consisting of Shri Rohit Kapoor (Judicial Member)…
Sale of business units by nearly insolvent debtor is not a fraudulent conveyance – Real Estate
Creditors of an insolvent or nearly insolvent debtor can understandably be frustrated if the debtor…
Corporate debtor cannot be dragged into CIRP Mala Fide for purposes other than insolvency resolution: NCLT Mumbai
The National Company Law Court (“NCLT”), Mumbai Bench, consisting of Justice PN Deshmukh (Judicial Member)…
Residential building restraining orders could make insolvency a realistic prospect – Construction and planning
June 22, 2022 Corrs Chambers Westgarth To print this article, all you need…
The Third Circuit confirms that the bankruptcy code governs the use of debtor’s attorney and recognizes that the bankruptcy court has considerable discretion
Two years after the bankruptcy court approved the debtor’s retainer in scouts over the objection…
Voluntary Liquidation of Members – Insolvency/Bankruptcy
June 22, 2022 Cathro & Partners To print this article, all you need…
Bitcoin Recovery Steps Away From Celsius Selloff, But For How Long?
Bitcoin price made a remarkable recovery above $20,000 after a brutal week riddled with crashes.…
We need to rethink the insolvency ecosystem before it loses its appeal
As the Narendra Modi government celebrates “Azadi ka Amrit Mahotsav”, an initiative to commemorate 75…
Liquidation Services Market Research with Liquidity Services, SJD Accountancy, RBK, Liquidation.com, DMS Governance
” A2z Market Research Announces Release of Report ‘ Liquidation Services Market Research report…
All About Three Arrows Capital’s Insolvency Risks and What Happened
One of the biggest crypto venture capital firms, Three Arrows Capital, is on the verge…
Crypto carnage brings Celsius and Three Arrows Capital closer to insolvency, June 9-16
The 2022 release of crypto winter is unlike anything we’ve seen before. As I warned…
The Cinderella of Insolvency | Enterprise standard column
The Insolvency and Bankruptcy Code (IBC) 2016, aims at the resolution of…
Request from Chairman of Corporate Debtor CIRP Oversight Committee, maintainable: NCLT Delhi
The National Company Law Court (“NCLT”), New Delhi Bench, consisting of Shri Abni Ranjan Kumar…
Accounts receivable management made easy: Clyde & Co
In a disputed debt situation, Clyde & Co and Litigation Capital Management’s profitable litigation funding…
Woodbridge Liquidation Trust Announces Cash Distribution | Company
GLENDALE, Calif.–(BUSINESS WIRE)–June 16, 2022–Woodbridge Liquidation Trust (the “ Trust » » » Class A…
Will my business sink into the coming deluge of insolvency?
Business news and the media are increasingly concerned about the increase in insolvency appointments. Many…
DeFi Giant MakerDAO Braces for Celsius Liquidation as stETH Crashes
MakerDAO said on Thursday that it would disable direct deposits with its counterpart Aave due…
Comair: Here’s who’s owed what as the airline prepares for liquidation
An aviation economist takes a closer look at Comair’s financial situation and points out that…
BAC Rules on Liquidation, Real Estate Segment May Change
The Insolvency and Bankruptcy Board of India (IBBI) has sought public comment for a series…
Accounts Receivable Management Made Easy – Lexology
This article was first published in the Australian Institute of Company Directors magazine, June 2022.…
Seven things directors need to keep in mind as the company revolves around insolvency: the Hong Kong perspective
The impact on the economy of COVID-19 sees no signs of easing in the near…
Claim Bad Entity Liquidated From Egg Company Debt
ThingsHeslips Hatcheries Ltd, the South Canterbury free-range egg company, has gone into liquidation but the…
Celsius Insolvency Rumors Swirl After Company Halts Withdrawals, Nexo Offers To Buy Company’s Assets Cryptocurrency
On Monday, June 13, 2022, the crypto economy fell below the $1 trillion region as…
Initiation of proceedings against a company in liquidation – Abraaj Investment Management Limited (in official liquidation) – [FSD 111 of 2018 – (RMJ)]
When a Cayman Islands company is in formal liquidation, no proceedings or claims may be…
Celsius Network lending platform headed for insolvency?
The crypto lending provider’s Celsius network is in the midst of a big storm which…
LPU organized a one-day awareness program on the insolvency profession
The Lovely Professional University (LPU) organized a one-day awareness program on the “insolvency profession” for…
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South Africa’s oldest private airline in liquidation after failing to raise funds
Comair Airlines is parked on the tarmac at Cincinnati International Airport in Hebron, Kentucky, in…
An update on the Voluntary Winding-up Regulations – Insolvency/Bankruptcy
To print this article, all you need to do is be registered or log in…
Further development of cross-border insolvency between Hong Kong and the mainland
Since the signing of meeting minutes regarding mutual recognition and assistance in insolvency proceedings between…
Brewing problem? Expand debtor/creditor laws in relation to the “harmful contracts” clause of the Constitution
“No State shall . . . pass any . . . law affecting the obligation…
DRT cannot prohibit the debtor from traveling abroad: HC | Nagpur News
Nagpur: In a landmark verdict, the Nagpur Bench of the Bombay High Court ruled that…
DRT not empowered by law to restrict debtor’s basic right to travel abroad: Bombay High Court
The Debt Recovery Tribunal (DRT) cannot prevent a citizen from traveling abroad as there is…
The Rutherford Health group is going into liquidation
Rutherford Health Group (the Group), which operates a network of cancer and diagnostic centers in…
The liquidation of Greensill Capital will drag on until 2024
Grant Thornton told the Australian Securities and Investments Commission that the liquidation of the Australian…
Choose a local insolvency practitioner
With everything returning to something like normality, it’s easy for some to…
Can the debtor company raise the issue of a pre-existing dispute if it is not raised within 10 days of receipt of the formal notice?
Introduction: Brand Realty Services Ltd. being the Operational Creditor (“Appellants / Operational Creditor”) filed an…
Can the debtor company raise the issue of a pre-existing dispute if it is not raised within 10 days of receipt of the formal notice? – Company law and corporate law
To print this article, all you need to do is be registered or…
Supreme Court approves developer’s settlement plan
On Friday, a two-judge panel of the Supreme Court approved the settlement plan proposed by…
Apex Court Overturns NCLAT Order for Liquidation of Siva Industries & Holdings
In a major victory for serial entrepreneur C Sivasankaran, the Supreme Court on Friday overturned…
Bermuda Provisional Liquidation – Insolvency/Bankruptcy
To print this article, all you need to do is be registered or log in…
Streamline insolvency resolution with code
There is a need to strengthen the insolvency resolution process. The Insolvency and Bankruptcy Board…
60-year-old family business Fife is in liquidation
Administrators of Dunfermline-based Braisby Roofing are asking the court to appoint insolvency specialist Shona Campbell…
Late homebuyer claims, if reflected in corporate debtor records, should be included in disclosure memorandum By Resolution Professional: NCLAT
The National Company Law Appeal Tribunal (NCLAT) Main bench composed of Judge Ashok Bhushan, Ms…
Dunfermline: Braisby Roofing Ltd to go into liquidation
A family roofing company DUNFERMLINE went bankrupt after nearly 60 years in business. The administrators…
Persons who deal with the affairs of a dishonest debtor may be liable to creditors
The Supreme Court of Poland considers the protection of the financial interests of the creditor…
What does bankruptcy law consider an unworthy debtor?
The law is the witness and the outer deposit of our moral life. Its history…
Employee Wages During Insolvency Process – The New Indian Express
Managing insolvency costs or liquidation costs is one of the critical tasks of the liquidator.…