
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…
Types of liquidation and reorganization processesVoluntary liquidationsWhat are the conditions for a debtor to initiate…
Types of liquidation and reorganization processesVoluntary liquidationsWhat are the conditions for a debtor to initiate…
The Madras High Court on Monday ordered the liquidation of SpiceJet for non-payment of $…
India: Personal property of guarantors cannot be transferred during the CIRP of a debtor company…
The National Company Law Tribunal (NCLT) on Monday admitted the Reserve Bank’s plea to initiate…
The Infrastructure Investment and Employment Act (the “Act”), which was signed into law on November…
In just over two months since Carl Jackson and Andrew Hosking were appointed joint directors,…
By Silvia Martelli (December 3, 2021, 19:15 GMT) – A judge said on Friday that…
Limetree Bay Oil Refinery facilities are seen in St Croix, US Virgin Islands on June…
Text size: A- A + New Delhi [India], Dec. 3 (ANI): On Thursday, the Reserve…
The Reserve Bank of India on Thursday filed an application to initiate insolvency proceedings against…
Keith Tully, Partner at Real Business Rescue, shares his knowledge of the ripple effect of…
The Insolvency and Bankruptcy Code of 2016 (“Code”) brought about a magnanimous change in the…
Lenders have already tried to finalize a resolution plan for two large non-bank lenders under…
A Dunedin construction company that only operated for 12 months has been put into liquidation…
The Build Back Better Reconciliation Bill (HR 5376) passed the House earlier this month calls…
Switzerland: Webinar: Actions of insolvency liquidators against banks, a comparison between the United States, England,…
A retirement plan is for retirement, not for asset protection Getty I first wrote about…
The National Company Law Appeals Tribunal (NCLAT), Chennai, allowed an appeal filed by the creditors…
The insolvency regulator IBBI has changed the format for filing the list of stakeholders in…
A Gold Coast businessman is in custody awaiting conviction after following a plan to illegally…
The number of companies choosing to go into liquidation in the Southwest is increasing as…
India: NCLT cannot give a debtor business time to repay its debt once it is…
The company that runs a popular East Lancashire pub has been put into liquidation after…
A popular East Lancashire pub has been put into liquidation after facing a few ‘tough’…
MIAMI, November 19, 2021 / PRNewswire / – Alpha Latam Management, LLC and certain of…
Consolidated insolvency proceedings may generate more interest among potential bidders than sole proprietorships A staff…
The commercial wisdom of the Creditors Committee under the Insolvency and Bankruptcy Code enjoys full…
Insolvency regulator IBBI has clarified that an Insolvency Professional (IP) managing the voluntary liquidation process…
Search for quotes, news, net asset values of mutual funds A 97 (Paytm) INE982J01020, PAYTM,…
Since March 2020, the Covid-19 pandemic has led to the taking of several political decisions…
The IBBI said an insolvency practitioner responsible for the voluntary liquidation process does not have…
In FCA vs. Carillion [2021] EWCH 2871 (Ch), the High Court confirmed that the enforcement…
A Mumbai court has ordered the liquidation of Nakshatra Brands, owned by fugitive diamond trader…
The Court of Appeal upheld the judgment of Justice Fraser in John Doyle Ltd (in…
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…
introduction In Re Bronia, ICC Judge Burton had to consider whether a director could retrospectively…
UK: Insolvency and Corporate Governance Act 2020 08 November 2021 Blaser Mills To print this…
https://www.youtube.com/watch?v=-YerSA_qYFk Oakland News Now – Weyerhaeuser CEO discusses forestry company’s efforts to grow its carbon…
Peter Clyde is General Counsel in the Construction and Engineering Litigation team at Addleshaw Goddard…
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…
Isle of Wight real estate company Gully Howard Limited, which has been in business since…
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…
The FCA and PRA must have heaved a sigh of relief last week when news…
In a Chapter 13 case, which typically lasts 3 to 5 years while a debtor…
To print this article, simply register or connect to Mondaq.com. This week’s TGIF considers Regarding…
If an entity is unable to pay its debts to its creditors, it may choose…
Steinhoff has argued that he cannot face a liquidation hearing in a South African court.…
The receiver of 347 microfinance companies and 23 savings and loan companies, Eric Nana Nipa,…
The number of business bankruptcies in Scotland increased by 80.3% between July and September of…
The figure stood at 1,446 in September 2021, higher than the number of 928 recorded…
A law must be interpreted and applied as it is written, regardless, according to the…
By Rick Archer (October 27, 2021, 8:00 p.m. EDT) – A Delaware bankruptcy judge sent…
The Insolvency and Bankruptcy Board of India (IBBI) published working papers soliciting comments on issues…
(CNS): A number of changes are being made to the companies law that officials at…
Boston, October 26, 2021 (GLOBE NEWSWIRE) – Gordon Brothers, the global consultancy, restructuring and investment…
Boston, October 26, 2021 (GLOBE NEWSWIRE) – Gordon Brothers, the global consultancy, restructuring and investment…
To print this article, simply register or connect to Mondaq.com. This week’s TGIF examines a…
The Southern Bay Brewing in Geelong has been put into liquidation. According to an insolvency…
Even though insolvency proceedings against liquor baron Vijay Mallya and diamond dealer Nirav Modi continue…
The main objective of granting interim financing is to keep companies in insolvency under the…
The Supreme Court has issued an opinion on a petition that raises the question of…
Small businesses in the UK are seeking advice on ways to escape dangerous levels of…
“The insolvency industry is the ‘Wild West’ of our time” Prem Sikka is Emeritus Professor…
ONE OF Scotland’s oldest charities that has provided life-saving care to vulnerable children and young…
Find out about the latest news on restructuring, insolvency and bankruptcy in Chile: a favorable…
Numsa General Secretary Irvin Jim argued that Parliament has a duty of oversight and accountability…
Sponsored article | Sean Fitzgerald, Woodfines Lawyers Sean Fitzgerald, Woodfines attorneys (52303136)Since June 2020, companies…
The number of companies choosing to go into liquidation has reached its highest level since…
On October 10, the Dubai Magistrate’s Court issued a potentially groundbreaking judgment regarding directors’ liability…
The co-administrators of BetIndex have announced their intention to seek a termination order from the…
Company arranges $ 12 million debtor-in-owner financing from its senior secured lenders and access to…
United States: What we’re reading this week [October 11, 2021] October 15, 2021 Mayer brown…
It has been alleged that Barcelona are set to be declared bankrupt in March as…
Name of borrower missing from certificate of recognition By: Eric T. Berkman October 14, 2021…
Grand Rapids-based asset liquidation company Liquid Asset Partners LLC has formed a joint venture with…
Click here to listen to the audio The Ugandan High Court has ruled that a…
The case of John Doyle Construction Ltd v Erith Contractors Ltd [2021] EWCA Civ 1452…
To print this article, simply register or connect to Mondaq.com. High Court sanctions plan proposed…
When a shareholder has bought back his participation following a failed investment without objection a…
Almost a week after the Reserve Bank of India (RBI) replaced the boards of directors…
GLENDALE, Calif .– (COMMERCIAL THREAD) – Woodbridge Wind-up Trust (the “Confidence”) announced that its liquidation…
The NCLT on Friday admitted insolvency claims brought by banking regulator RBI against two companies…
Throughout the pandemic, we have seen a succession of temporary practice guidelines, allowing practitioners to…
The Kolkata formation of the National Company Law Tribunal admitted non-bank lenders from the SREI…
Fetchr threatened with liquidation New • 07 October 2021 Edit UAE-based last mile delivery company…
According to the latest IBBI newsletter, six large companies were sold as a going concern…
HNA Group Co., Limited (under reorganization in Mainland China) [2021] HKCFI 2897 (Decision date: September…
The Ministry of Commercial Affairs (MCA) will soon begin consultations with the Reserve Bank of…
UK: #Brew Insolvency: Where Now for Hybrid Claims? (Video) 05 October 2021 Sentry rooms To…
By Vince Sullivan (October 4, 2021, 4:44 p.m. EDT) – Bankrupt woman lost her candidacy…
Insolvency regulator IBBI has now made it mandatory to publish all public auction notices for…
The Reserve Bank of India (RBI) replaced the boards of directors of Srei Infrastructure Finance…
The Reserve Bank of India (RBI) replaced the boards of directors of Srei Infrastructure Finance…
Posted: Oct 3, 2021, 8:46 a.m. Last update on: October 3, 2021, 11:42 a.m. Macau’s…
As the government gradually removes its restrictions on liquidation requests, lenders and creditors can legally…
The national airline Philippine Airlines Inc. (PAL) announced on Friday that it had received approval…
Rahman Ravelli’s Syedur Rahman examines case focused on raising a company’s awareness of industry-related legal…
The Bank of Maharashtra (BoM) raised the issue of breach of confidentiality in Videocon Industries’…
To print this article, simply register or connect to Mondaq.com. On September 15, 2021, a…
New Delhi: Bank of Maharashtra, a dissatisfied creditor of the Videocon group, on Friday raised…
Bank of Maharashtra, a dissatisfied creditor of the Videocon group, on Friday raised the issue…
Creditors met to vote on the recommendation on Thursday, but the meeting was adjourned for…
introductionAutomatically canceled transactionsPotentially voidable transactionsObligation to contributeintroductionWhen a Cayman Islands company (Cayman Company) goes into…
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 government introduced the Insolvency and Corporate Governance Act 2020 (CIGA) in June 2020, prohibiting…
We are seeing an increase in CVLs related to the IR35 reform and frankly, how…
The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…
In its resolution plan, Twin Star offered to pay Rs 2,962.02 crore on the admitted…
Business Day reporter Katharine Child says the case is tricky because Steinhoff is a multinational…
When creditors try to collect debt from a troubled business in different jurisdictions, they incur…
THINGRajesh Luthra and his wife Tripta Tripta recently moved into a new home in Rolleston.August…