Sri Lanka Reduces Interest Rates for 1st Time Since Bankruptcy as Economy Shows Signs of Rebounding
KKR-Backed Radiotherapy Group GenesisCare Files for Bankruptcy
Go First’s Insolvency Tests India’s Bankruptcy Regime
UK-Based Connected Car Data Company Wejo Files For Bankruptcy
Irish Court Orders Wind-Up of Two Russian State-Owned Lessors
Hong Kong’s Crypto Ambitions Get a Guarded Reception From Digital-Asset Companies
Cooling Eurozone Inflation Opens Path for ECB Rate Pause
Brazil’s Economic Growth Bounces Back Under Lula and Defies High Interest Rates
Chile’s Economic Activity Stagnates as Investors Bet That Rate Cuts Are Near
Peru's Inflation Rate Dips Slightly in May But Still Above Forecast
Resources by Country & Region
Welcome to Spain, prepacks!
José Carles and Carlos Cuesta comment on the recent ruling of a Commercial Court of Barcelona approving the first pre-packaged sale in Spain as well as on the brand-new guidelines for prepacks issued by the Commercial Courts of Barcelona.
Spain: New Restructuring Plans under the Transposition of the EU Directive
Spain published the transposition of the Directive on Preventive Restructuring and Insolvency in its Official Gazette on 6 September 2022.
ABI-Live: The Conflict in Ukraine: Impact on Capital, Markets and Boardrooms
From the pandemic to Europe’s largest military conflict since World War II, it seems the world is moving from one extraordinary period to another. The conflict in Europe has generated a maze of rapid legal, political and economic responses from authorities around the globe. Those actions are rippling through capital, markets and boardrooms as businesses grapple with how to respond. Join ABI and a panel of experts to discuss where we are headed and what businesses should consider.
Adjusting a pre-insolvency scheme to respond to the COVID-19 crisis by Nuno Líbano Monteiro and Catarina Guedes de Carvalho
According to the OECD, Portugal is in the top three countries in terms of implementing new measures to face this COVID-19 pandemic. However, regarding the legal framework of insolvency and restructuring, the only direct, exceptional and temporary measure approved by the Portuguese authorities was to suspend the time limit for the debtor itself to petition for insolvency, with effect from 7 April 2020. No pre-insolvency exceptional measures have been adopted.
The Preventive Restructuring Directive - What next: A Pre-pack Directive? by Adrian Thery
The Directive (EU) 2019/1023 on preventive restructuring frameworks ("the Directive") was passed on 20 June 2019 bringing about a change of paradigm in corporate restructuring. A change that should allow the States of the European Union to catch up with countries adhering to the Anglo-Saxon model, both in restructuring and insolvency matters and also upstream, in financial matters, due to the influence of the insolvency legislation on the provision of credit ex-ante.
European Union Regulation on Insolvency Proceedings: An Introductory Analysis, Fourth Edition
This updated edition describes the framework of the European Insolvency Regulation Recast (adopted in June 2017), reviews its major rules, highlights the differences from the old EIR 2000, and makes references to the most important and recent cases of the Court of Justice of the European Union. An essential guide for non-European judges, practitioners and scholars who are confronted with this domain of law, as well as anyone dealing with EU-related cross-border cases, this book serves as a concise and comprehensive introduction to the EIR Recast.
Chapter 15 for Foreign Debtors
Chapter 15 for Foreign Debtors covers all aspects of the UNCITRAL Model Law on Cross-Border Insolvency as well as chapter 15 of the Bankruptcy Code, and provides details about the Foreign Representative, avoidance actions, creditor protections, concurrent proceedings, comity and much more. The book also includes an extensive appendix filled with more than 500 pages of sample case documents and forms related to chapter 15 proceedings.
Guide To Islamic Finance
This book is the latest addition to our list of publications and it provides basic information on Islamic finance. It is meant to be a useful reference tool to the majority of insolvency practitioners who do not work in this field. The chapters in this book were selected on the basis that it is expected that most INSOL members currently have very limited understanding of Islamic finance.
The book has 10 chapters, a country study, and an annexure with a glossary of Islamic finance terms. Following the introductory chapter there are chapters on: