On 24 December 2013 the Companies (Miscellaneous Provisions) Act 2013 was signed into law by the President. The purpose of the legislation is to expedite a number of amendments to existing legislation pending the enactment of the Companies Bill.
Circuit Court Examinership
The recent case of In re Tousa, Inc. (Official Committee of Unsecured Creditors of Tousa, Inc., v. Citicorp North America, Inc., Adv. Pro. No. 08-1435-JKO (Bankr. S.D. Fla., October 13, 2009)) has attracted considerable attention – and dread – in the banking and legal communities.
USA, Banking, Insolvency & Restructuring, Litigation, Bryan Cave Leighton Paisner (Bryan Cave), Bankruptcy, Debtor, Unsecured debt, Collateral (finance), Interest, Liquidation, Subsidiary, Citigroup, Title 11 of the US Code, United States bankruptcy court