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Two recent Supreme Court of Canada decisions demonstrate that the corporate attribution doctrine is not a one-size-fits-all approach.

Court approval of a sale process in receivership or Bankruptcy and Insolvency Act (“BIA”) proposal proceedings is generally a procedural order and objectors do not have an appeal as of right; they must seek leave and meet a high test in order obtain it. However, in Peakhill Capital Inc. v.

Are the courts of England and Wales establishing themselves as a flexible forum for cross-border enforceability? Here, we consider this question in light of two recent High Court decisions: Re Silverpail Dairy (Ireland) Unlimited Co. [2023] EWHC 895 (Ch) (Silverpail) and Invest Bank PSC v El-Husseini & Ors [2023] EWHC 2302 (Comm) (Invest Bank).

我国现行的《环境保护法》、《民法典》侵权责任编、《企业破产法》以及最高人民法院相关司法解释对于追究企业的环境侵权民事责任作出了相应的规定,但对于企业破产阶段的环境侵权之债的清偿顺序问题,并未作出明确规定,如果仅将其作为普通债权进行处理,往往导致企业的环境债务无法得到清偿。在此前提下,破产程序中的环境债务问题已引起司法部门高度重视。2022年11月4日,贵阳市中级人民法院出台的《贵阳市中级人民法院关于审理企业破产案件中涉生态环境问题处理的工作指引》,体现出法院不断强化环境保护司法力度的趋势;2023年2月,最高人民法院发布的推进碳达峰碳中和典型案例四“杭州某球拍公司破产清算案”[1],将案涉危废物处置费用作为破产费用列支,充分反映出司法对生态环境保护愈加强化。

破产企业环境债务与职工债务、税务债务一样,均具有社会性、公益性的特殊性质,同时环境债务所承载的环境治理长远性意义尤甚。因此,破产企业环境债务的清偿问题亟待厘清。

一、企业破产程序中的环境债务

(一)环境债务的形成

The Dutch Supreme Court has confirmed the decision of the Amsterdam Court of Appeal, which found that the bankruptcy of the Russian based oil company, Yukos, could not be recognised in the Netherlands because it violates Dutch public policy.

The High Court of Hong Kong refused to allow a Chapter 11 Trustee to disclose a Decision from Hong Kong winding up proceedings in the US bankruptcy court. The US proceedings were commenced to prevent a creditor from taking action following a breach of undertakings given to the Hong Kong court in circumstances where the company had no jurisdictional connection with the US.

The Australian Federal Court has clarified the limitations for foreign entities and their office holders in pursuing action in Australia to access the voidable transaction provisions of the Australian Corporations Act.

Control to Serbian Creditors- the amendments to the Serbian Insolvency Act

The recent amendments to the Serbian Insolvency Act enacted 9 December 2018 have placed more control into creditors’ hands allowing them to suggest the insolvency administrator to be appointed, as well as providing less restrictive provisions on the proposers of reorganisation proposals.

Following our previous article, the Court of Appeal dismissed an appeal following the High Court deciding that a moratorium in relation to restructuring proceedings in Azerbaijan could not be extended in breach of the Gibbs rule, allowing two significant creditors to proceed with their claims in the English Courts.

In October 2018 Judge Glenn of the United States Bankruptcy Court (New York) considered the common law principles of comity and the English common law Gibbs rule to grant recognition of a Croatian company's settlement agreement which modified both New York and English law.

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