The Judicial Committee of the Privy Council has decisively redrawn the boundaries between arbitration agreements and insolvency proceedings in the case of Sian Participation Corp (In Liquidation) v Halimeda International Ltd.[1]
United Kingdom, Arbitration & ADR, Insolvency & Restructuring, Litigation, McDermott Will & Emery, Liquidation, Insolvency
The US Court of Appeals for the Sixth Circuit affirmed that a state court’s finding of “willful and malicious injury” in connection with the misappropriation of trade secrets entitled the plaintiff, in the defendant’s subsequent bankruptcy proceeding, to summary judgment of nondischargeability on collateral estoppel grounds. In re Hill, Case No. 19-5861 (6th Cir. May 4, 2020) (Donald, J.).
USA, Kentucky, Designs and trade secrets, Insolvency & Restructuring, Litigation, McDermott Will & Emery, Donald Trump