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Litigation funding arrangement not an abuse of process

In Day v The Official Assignee as Liquidator of GN Networks Ltd (in Liq) [2016] NZHC 2400, the High Court rejected a claim that the funding arrangement at issue constituted maintenance or champerty.

New Zealand, Insolvency & Restructuring, Litigation, Buddle Findlay
Banking reform updater 11 - the single resolution mechanism examined

Introduction

In this Banking Reform updater we examine the single resolution mechanism (SRM), which together with the single supervisory mechanism (SSM) (Banking Reform updater 10) forms the key pillars of the EU Banking Union.

What is the SRM?

European Union, Banking, Insolvency & Restructuring, Norton Rose Fulbright, Banking union