
Proceedings against the personal guarantor of a corporate debtor may be pursued independently
Supreme Court bench made up of Justice S Abdul Nazeer and Justice Vikram Nath see…
Supreme Court bench made up of Justice S Abdul Nazeer and Justice Vikram Nath see…
The goal of enacting the Insolvency and Bankruptcy Code, 2016 is eminent for all. However,…
By Taxscan Team – May 4, 2022 9:43 p.m. A three-judge bench of the Supreme…
Wilmington, DEMD Helicopters Inc. appears to have secured financing that will see the company emerge…
The Supreme Court reiterated that the moratorium provisions contained in Section 14 of the Insolvency…
the National Company Law Appeal Tribunal (“NCLAT”)main bench, composed of composed of Judge Ashok Bhushan…
Ellwood City Medical Center Operations is seeking to recover $27,000 in transfers from Transport U…
You expressly agree that use of this application/website is at your own risk. AASTOCKS.com Limited,…
Written by Abraham Galvan on April 12, 2022 Advertisement Unusual times continue for Miami-Dade businesses…
The debtor also has a collection lawsuit for $10,000 THE client is 48 years old…
Although the Bankruptcy Act offers certain benefits to stakeholders, the Act suffers from several shortcomings.…
Earthgrains Baking Companies, Inc. vs. Sycamore[1] involved a long-term attempt by Earthgrains Baking Companies, Inc.…
the NCLT Division Bench, Chennai composed of R. Sucharitha, judicial member and Sameer Kakar, technical…
On February 9, 2022, Judge Barry R. Ostrager of the New York County Commercial Division…
By CP of Jwala – March 21, 2022 8:46 a.m. The Income Tax Appeal Tribunal…
By CP of Jwala – March 20, 2022 1:08 p.m. The National Company Law Appellate…
JThe purpose of the Insolvency and Bankruptcy Code, 2016 (IBC) is to maximize the value…
Turkey: Your debtor’s assets are just a click away! February 22, 2022…
By Taxscan Team – On February 20, 2022 11:07 The Delhi Bench National Company Law…
The NCLAT Single Bench consisting of Judge M. Venugopal, Judicial Member in the case of…
The notice is Wells Fargo Bank, Indenture Trustee c. The Hertz Corp. (In re The…
Tribune press service Saurabh MalikChandigarh, February 16The Punjab and Haryana High Court has…
A recent opinion from the Michigan Court of Appeals explained that when a debtor defaults…
Related practices and jurisdictions Tuesday, February 15, 2022 A recent opinion from the Michigan Court…
Let’s take the example of a lender who extends a term loan in the amount…
Overview February 10, 2022 Let’s take the example of…
An “Order Staying Subsequent Bankruptcy Cases” comes from In re The Aliera Companies Inc.Case No.…
By Lucia Osborne-Crowley (February 4, 2022, 4:54 p.m. GMT) – The Court of Appeal ruled…
The Supreme Court observed that the operational creditor includes all those who provide or receive…
Section 362(k) of the United States Bankruptcy Code allows a person injured by a willful…
Nine Point Energy Holdings, Inc. and its affiliates (collectively, “Nine Point” or “Nine Point Debtors”)…
In a first-print case, the Eleventh Circuit has ruled that Roth IRAs are excluded from…
FundBefore filing Chapter 11 as part of the RGN Group case, H-Work LLC (H-Work) was…
Nine Point Energy Holdings, Inc. and its affiliates (collectively, “Nine Point” or “Nine Point Debtors”)…
United States: California Bankruptcy Court Says Debtor Barred From Challenging State Court Fraud…
The United States Bankruptcy Court for the Central District of California recently ruled that a…
In accordance with article 128 of theIndian Contracts Act, 1872, the liability of a guarantor…
The Bombay High Court has ruled that no statutory authority, including income tax authorities, can…
introduction Debtor bankruptcy claims may be considered less common than creditor bankruptcy claims. The law…
Nine Point Energy Holdings, Inc. and its affiliates (collectively, “Nine Point” or “Nine Point Debtors”)…
Debtors Association of Canada raises the bar of expertise available to help those in debtHAMILTON,…
The Canadian Debtors Association raises the bar of expertise available to help those in debtHAMILTON,…
On September 1, 2021, the Ninth Circuit issued its decision in the case of In…
National studies, Macey said, show that the ordinary debtor takes out at least ten financings…
In Jackson v. The Center on Fourth, LLC (In re The Center on Fourth, LLC),…
Through Mariya Paliwala – December 28, 2021 11:27 a.m. The Bombay High Court rescinded the…
Florida law provides that a UCC-1 funding statement is “seriously misleading” if it does not…
Through Mariya Paliwala – December 20, 2021 11:54 a.m. The Delhi High Court has ruled…
Section 9 of the Uniform Commercial Code, adopted in the fifty states plus the District…
The names of companies and law firms shown above are generated automatically based on the…
India: Personal property of guarantors cannot be transferred during the CIRP of a debtor company…
A retirement plan is for retirement, not for asset protection Getty I first wrote about…
India: NCLT cannot give a debtor business time to repay its debt once it is…
MIAMI, November 19, 2021 / PRNewswire / – Alpha Latam Management, LLC and certain of…
The commercial wisdom of the Creditors Committee under the Insolvency and Bankruptcy Code enjoys full…
United States: Can I hold a debtor’s bank account hostage? November 12, 2021 Ward and…
For creditors dealing with debtors in the shadow of bankruptcy, a common scenario repeats itself.…
Strong points The Nondebtor Release Prohibition Act was submitted to the House for a full…
November 10, 2021 For creditors dealing with debtors in the shadow of bankruptcy, a common…
Fraudulent transfers and actions to avoid them are second nature to lawyers for debtors and…
The High Court dismissed an appeal for a personal insolvency agreement (PIA) after it was…
By Sarah Jarvis (November 3, 2021, 9:36 p.m. EDT) – MedMen argued this week that…
By Sarah Jarvis (November 3, 2021, 9:36 p.m. EDT) – MedMen argued this week that…
A person in possession of a debtor’s property while filing for bankruptcy now has more…
A law must be interpreted and applied as it is written, regardless, according to the…
In a Chapter 13 case, which typically lasts 3 to 5 years while a debtor…
A law must be interpreted and applied as it is written, regardless, according to the…
Company arranges $ 12 million debtor-in-owner financing from its senior secured lenders and access to…
Name of borrower missing from certificate of recognition By: Eric T. Berkman October 14, 2021…
By Vince Sullivan (October 4, 2021, 4:44 p.m. EDT) – Bankrupt woman lost her candidacy…
The national airline Philippine Airlines Inc. (PAL) announced on Friday that it had received approval…
To print this article, simply register or connect to Mondaq.com. On September 15, 2021, a…
The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…
The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…
The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…
United States: Debtors behaving badly: non-payment of the debt on the basis of the “bad…
It is said that the word bankruptcy originated in the Middle Ages from the term…
The Supreme Court ruled that the moratorium under the provisions of the Insolvency and Bankruptcy…
Photo credit: IANS IANSLive New Delhi, Sept. 16 (IANS) The Supreme Court ruled on Thursday…
Participation agreements, in the form promulgated by The Loan Syndications and Trading Association, Inc. (LSTA),…
A corporate financial penalty obligation of a Chapter 11 debtor owed to the Federal Communications…
The National Company Law Appeals Tribunal ruled that the personal assets of the guarantors could…
Thailand: Legal options in Thailand when a debtor can’t (or won’t) pay September 07, 2021…
COVID-19 and the resulting containment measures to limit outbreaks in Thailand have caused significant financial…
2. Vinod Sehwag v. Siemens Financial Services Pvt. Ltd. & Anr. (NCLAT, Delhi)Problem involved:Can the…
By Bonnie Eslinger (Aug 27, 2021, 5:11 p.m. BST) – A judge said on Friday…
Aug. 11 (Reuters) – The Limetree Bay refinery may secure another $ 10 million debtor-in-owner…
Background In 2011, a producer and a subsidiary of the Weinstein Company entered into a…
United States: Can your lien be avoided if only the debtor benefits? Courts are divided…
By Vince Sullivan (June 15, 2021, 2:22 p.m. EDT) – Former employees of offshore oil…
According to public information published on China’s Law Enforcement Information Disclosure website, ex-chairman of Luckin…
India: Lenders are free to invoke the personal guarantees of a debtor company under the…
To print this article, simply register or connect to Mondaq.com. Due to the COVID-19 outbreak,…
In a recently released ruling, the United States Bankruptcy Court for the Eastern District of…
The Calcutta High Court on Friday settled an important arbitration law issue, to know, whether…
VAUGHAN, ON, April 30, 2021 / PRNewswire / – CannTrust Holdings Inc. (“CannTrust” or the…
Third party releases, especially releases from affiliated non-debtor guarantors, are generally a key feature of…
Company awaits approval from Ontario Superior Court of Justice VAUGHAN, ON, April 20, 2021 /…
An overview of keep and pay What is keep and pay?Keep and pay is a…
To print this article, simply register or connect to Mondaq.com. On Friday, March 19, 2021,…
Until recently, Ninth Circuit courts have generally followed the minority view that discharges by a…
It is rare for a bankrupt debtor to raise allegations of involuntary easement and violation…
It is rare for a bankrupt debtor to raise allegations of involuntary easement and violation…
It is well known in the restructuring world that a bankrupt debtor cannot get a…
The Supreme Court decided that an insolvent debtor was not entitled to a new protection…
The Supreme Court ruled on Monday that the National Company Law Tribunal (NCLT) had jurisdiction…
The prepackaged program, billed as the next step in the evolution of the Insolvency and…
The Supreme Court ruled that collusive or simulated transactions with a debtor company will not…
Introducing significant behavioral changes, the insolvency law redefined the debtor-creditor relationship, with more than 80%…
This alert focuses on CEC debtor’s non-bankruptcy theories that the COVID-19 pandemic and government responses:…
In an important verdict, the Supreme Court on Tuesday upheld changes made by Parliament to…
In recent years, federal circuit courts have grappled with whether a creditor retaining possession of…
Since the start of the COVID-19 pandemic, insolvent companies have sought intervention from the courts…
Related practices and jurisdictions Thursday, January 14, 2021 On January 14, 2021, the United States…
Automatic stay is arguably the most important protection that the Bankruptcy Code offers to a…
DOES THE REFORM ACHIEVE THE RIGHT BALANCE? Australia has traditionally had what is known as…
The new subchapter V of chapter 11 of the Bankruptcy Code (subchapter V) was enacted…
United Arab Emirates: Bankruptcy Law Update: Additional Relief Options for Debtors Announced 23 october 2020…
Over a year ago, Congress amended the Bankruptcy Code to create Subchapter V, with the…
Whether a counterclaim filed against a debtor company is likely to be stayed during the…