Insolvency Service Report Finds Homeowners Are Generally Treated Fairly in CVAs
For those who missed it, the Insolvency Service released an excellent research report at the…
NCLT Mumbai orders Revenue Authority to refund TDS to debtor company in liquidation
The National Company Law Court (“NCLT”), Mumbai Bench, consisting of Justice PN Deshmukh (retired) (Judicial…
Crypto Winter Series: Principles of Bankruptcy, Insolvency and Liquidation for Crypto Investors | Part 2 of 3
In bankruptcy parlance, the look-back period does not sound good for the crypto industry. Over…
Construction industry ‘on collision course with insolvency’
The construction industry is hostage to fixed-price contracts signed months ago that will drive many…
Liquidation of Snowdon Developments: Hundreds of homes threatened
An Australian construction company has collapsed before $18 million to 250 creditors, with 52 employees…
Three Arrows Capital founders reportedly disappeared in liquidation proceedings
The founders of cryptocurrency hedge fund Three Arrows Capital Ltd. would have disappeared and are…
New Zealand business insolvencies set to rise
New Zealand businesses continue to be affected by supply chain disruptions, interest rate increases, labor…
NCLT has the power to replace the liquidator under the Insolvency and Bankruptcy Code, 2016 : NCLT Chennai
National Company Law Court, Chennai (NCLT) made up of Justice S Ramathilagam and Mr. Anil…
David Haslop shares his views on the liquidation of crypto hedge fund Three Arrows Capital
From $67,627 per bitcoin in November 2021 to the recent fall in valuation to $19,040…
Voyager’s 2nd largest debtor is ready to repay its loan in no rush to collect the collateral
After cryptocurrency brokerage Voyager Digital made headlines after filing for Chapter 11 bankruptcy protection following…
Insolvency Service Reports on Owners’ Results Under Company’s Voluntary Arrangements | Insights and Events
The Insolvency Service issued a report on research commissioned by her on the use of…
Celsius pays off 183 million DAI in debt to avoid liquidation
Celsius, the beleaguered CeFi lending platform, is aggressively repay debt and release assets previously locked…
Chinese e-commerce platform Suning.com denies bankruptcy liquidation
Suning.com, a Chinese retail e-commerce platform, released a statement on Wednesday saying that reports of…
The offer for the corporate debtor as an “operating company” shall have preference over the stand-alone offer; NCLT Ahmedabad
The National Company Law Court, Ahmedabad Bench, consisting of Madan B. Gosavi (Judicial Member) Kaushalendra…
Resolution Professional is only authorized to manage the accounts of one debtor company: NCLAT Chennai
The National Court of Appeal for Company Law, Chennai Bench, consisting of Judge M. Venugopal…
Is your business facing insolvency? Admins beware of misconduct complaint
Business leaders face a heavy burden in circumstances where insolvency is looming at the door.…
How to Spot a Fake Insolvency Avoidance Plan and…Avoid It
David Griffiths, an insolvency practitioner at Leonard Curtis in Wolverhampton, examines why SME owners shouldn’t…
Selling a corporate debtor as a “going concern” includes both assets and liabilities: NCLT Mumbai
The National Company Law CourtMumbai bench, consisting of Shri HV Subba Rao (Judicial Member) and…
Protection of Supplies in the Event of Insolvency – Insolvency/Bankruptcy
Uncertain times have a ripple effect on all aspects of life, including business. The pandemic,…
Misappropriation of Company Assets Led to Lawsuits – Insolvency/Bankruptcy
To print this article, all you need to do is be registered or…
Delaware Court Finds Texas Trust Fund Doctrine Alive, But Debtor’s Trust Claims Dead on Arrival | Patterson Belknap Webb & Tyler LLP
A Delaware bankruptcy court recently ruled that Texas’ “trust fund doctrine” remains applicable to companies…
Protection of supplies in the event of insolvency
Uncertain times have a ripple effect on all aspects of life, including business. The pandemic,…
Global Liquidation Services Market Observes Strong Development from 2022 to 2028 – Trend of Key Players like Liquidity Services Inc, Liquidation.com, Apex, RBK
Market research on Global Liquidation Services Market from 2022 to 2028 driven by MarketQuest.biz…
When a debtor rejects a succession to the detriment of a creditor
Seeking to avoid their obligations, debtors can take various actions in relation to their possible…
Three Arrows Capital goes into liquidation after crypto crash
Placeholder while loading article actionsThree Arrows Capital plunged deeper into financial turmoil on Wednesday after…
Jobs lost as Shropshire developer Hawk Developments goes into liquidation
Hawk Developments had started work on a £4million development of 27 energy-efficient homes in Prees…
Three Arrows Capital ordered into liquidation by the BVI court: report
Three Arrows Capital must now officially liquidate assets linked to its British Virgin Islands company,…
Court orders liquidation of 3 Arrows Capital
By Geoffrey SmithInvesting.com — Collapsed crypto hedge fund 3 Arrows Capital is to be liquidated,…
Gulf Coast Chapter 11 Liquidation Plan Gets Judge’s Approval
A judge this week approved Gulf Coast Health Care’s amended Chapter 11 liquidation plan. This…
ERGO Analyzing Developments Impacting Business: Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons) (Second Amendment) Regulations, 2022.
Introduction Indian Insolvency and Bankruptcy Board (table) see its circular no. IBBI/2022-23/GN/REG084 of June 14,…
Clearance services market – growing demand from industry professionals – Designer Women
Clearance Services market study by “marketreports.info” provides details on market dynamics affecting the market, market…
Fourth Circuit rules are no panacea for dishonest debtors
Related practices and jurisdictions In 2019, Congress enacted the Small Business Reorganization Act. This legislation…
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…
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…
Subchapter V — Fourth Circuit Rules Are No Panacea for the Dishonest Debtor | Nelson Mullins Riley & Scarborough LLP
In 2019, Congress enacted the Small Business Reorganization Act. This legislation created a new type…
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…
Comair, South Africa’s oldest airline in liquidation
Comaire, South AfricaThe oldest airline is in liquidation after its bankruptcy lawyers reportedly filed a…
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…
/cloudfront-us-east-2.images.arcpublishing.com/reuters/D6GWAXAI6VITBCXJOQPLBXVB5M.jpg)
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.…
Insolvency drought about to erupt
The latest figures show liquidations intensifying after the pandemic-caused pause, although there is “still some…
Chuck Surack saves Enstrom Helicopter from liquidation
“They, like everyone else, had problems during the COVID era and had to reorganize or…
Liability of the administrators of the insolvent debtor – reversal of the burden of proof in practice – Commentary
BackgroundFactsDecisionCommentIntroductionA common reason for failed debt collection is that the managing director of the debtor…
Clearance Service Research and Clinical Advances by 2031 – The Greater Binghamton Business Journal
New Clearance Services market research was conducted across a variety of industries in various regions…
Before taking out a personal loan, here are ten things you should ask
Personal loans may be a cost-effective alternative to credit cards, allowing you to fund major…
NCLT Clears Insolvency Proceeding Against National Textiles Corp
The National Company Law Tribunal (NCLT) has ordered the opening of insolvency proceedings…
The bad debtor | Nelson Mullins Riley & Scarborough LLP
The law is the witness and the outer deposit of our moral life. Its history…
Japanese companies in insolvency proceedings: contracts and claims
Although the number of corporate insolvency cases in Japan in 2021 was the lowest since…
/cloudfront-ap-southeast-2.images.arcpublishing.com/nzme/UBQJGDZJJCE6LFLBJA4RRKGHKI.jpg)
Liquidation of Oceanside Homes, builder of Tauranga: who claims the $518,000 owed?
One of Oceanside’s many works was this Ohauiti 2020 project. Photo/SuppliedThe insolvency of Tauranga Oceanside…
Sunshine Coast construction company Pivotal Homes is in liquidation
One of Queensland’s biggest homebuilders is in liquidation, leaving the future uncertain for more than…
Non-Atty Debtor Advice Co. Safe from New York Lawsuits
By Emily Lever (May 25, 2022, 4:24 p.m. EDT) — The nonprofit legal association Upsolve…
Careful Consideration of Comity when Liquidating a Caymanian Company – Insolvency/Bankruptcy
To print this article, all you need to do is be registered or log in…
Data | Poor collection, increasing delays hampering the Insolvency and Bankruptcy Code resolution process
In the fourth quarter of FY22, for the first time, the amount to be realized…
Husch Blackwell is the debtor’s attorney for Christian Care Centers
Husch Blackwell is serving Christian Care Centers (CCC) as debtor counsel in its Chapter 11…
Upcoming Trends of Liquidation Services Market Segmented by Type, Application, End-User and Region -Liquidity Services Inc, Liquidation.com, Apex, RBK, Ogier, Ahmed Ghattour & Co., DMS Governance, SJD Accountancy, New Zealand Insolvency and Trustee Service, Liquidation Service
Clearance Service Market Report Coverage: Key Growth Drivers and Challenges, Regional Segmentation and Outlook, Key…
Probuild, Condev: More big companies at risk of collapse, warn insolvency experts
Many large construction companies have gone bankrupt in Australia. But that might just be the…
Liquidation Service Market 2022 Key Development Strategies Implemented by Leading Players: Liquidity Services Inc, Liquidation.com, Apex, RBK, Ogier, Ahmed Ghattour & Co., DMS Governance, SJD Accountancy, New Zealand Insolvency and Trustee Service, Liquidation Service
New Jersey (USA) – Clearance Service Market research is an intelligence report with meticulous efforts…
Federal Government Approves Insolvency Regulations for Businesses – Insolvency/Bankruptcy
On 24 April 2022, the Honorable Minister for Industry, Trade and Investment approved the Insolvency…
Decree holders are not financial creditors under the Insolvency and Bankruptcy Code, 2016 – Supreme Court confirms
The Honorable Supreme Court has recently upheld a judgment of the Divisional Bench of the…
Seizure of a debtor’s shares in a company: is it enough?
Often debtors’ shares in companies are seized as part of security or enforcement proceedings. But…
SARFAESI proceedings cannot be pursued against the debtor company once the CIRP is admitted and a moratorium is ordered: Supreme Court
The Supreme Court observed that proceedings under the SARFAESI Act cannot be continued once the…
British luxury fashion brand Amanda Wakeley set for liquidation – Sourcing Journal
British luxury fashion brand Amanda Wakeley set for liquidation – Sourcing Journal …
How can hotel providers avoid insolvency in the coming months?
Recent business insolvency statistics for the first quarter of 2022 show that the number of…
Insolvency claims in the UK and who to assign them to
Insolvency actions are often brought against former directors of the insolvent company or persons related…
Park Hall Hotel’s £1m debt and no assets at start of liquidation
The company behind an iconic Lancashire hotel which closed after a failed attempt to convert…
issues for insolvency practitioners in the UK
The funeral plan provider would usually set up a trust with independent trustees in…
Chatham Insolvency Service set to be closed in move condemned by PCS union
A union has criticized plans to close half of all Insolvency Service offices across England…
Arsenal History – 1906-1016 – Liquidation, relegation and move to Highbury
Our story continues – 1906-1916! During this period, despite continuity from previous seasons, Little did…
Arsenal History – 1906-1916 – Liquidation, relegation and move to Highbury
Our story continued – 1906-1916During this time, despite a continuation of previous seasons, little did…
Catholics on the Burin Peninsula were already troubled by insolvency. Now they lose their priest
Father Nelson Boren is a Roman Catholic priest who ministers in five churches on the…
Tyson will propose a liquidation plan for the ranch at the center of Bill Gates Land Pursuit
There has been a dispute over who should receive the hundreds of millions of dollars…
SRA comes after venerable Welsh company goes into liquidation | News
The SRA intervened in a company in South Wales which had gone into liquidation. The…
Delaware Bankruptcy Court Ruling Highlights Potential Defenses to Equitable Subordination Action – Insolvency/Bankruptcy
On March 25, 2022, the U.S. Bankruptcy Court for the District of Delaware dismissed a…
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…
/cloudfront-ap-southeast-2.images.arcpublishing.com/nzme/LOE7COUCSIMS5TUOGBCKUKJB6U.jpg)
Health: the New Zealand Medical Association threatened with liquidation
The NZMA does a lot of work behind the scenes submitting submissions on important health…
Interim financing – A corporate debtor needs! A revolutionary investment opportunity
The goal of enacting the Insolvency and Bankruptcy Code, 2016 is eminent for all. However,…
R3 Responds to March 2022 Insolvency Statistics
Business bankruptcies have more than doubled in the past year, according to professional body R3…