Overview
If you walk along the seafront in the Lancashire town of Morecambe, you will come across a statue of the late Eric Morecambe. Many of us will remember Eric as half of one of the most famous comic double acts in the United Kingdom. Morecambe and Wise made us laugh, not so much through innuendo but more through the perfect timing of their various on screen exchanges. So important was timing to Eric Morecambe that one of the quotes at the foot of his statue is the phrase "In life, everything is timing".
Overview
Overview
Insolvency practitioners will be familiar with section 283A of the Insolvency Act 1986 (the "Act") and what is commonly termed the 'use it or lose it' provisions. But what exactly is meant by a trustee in bankruptcy being informed or becoming aware of a bankrupt's interest in a property for the purposes of section 283A(5) of the Act?
At first instance, a bankrupt's claim that she had informed her trustee or that her trustee had become aware of such an interest was dismissed. The bankrupt appealed.
Overview
It has been just over 6 years since the Bill for the Prescription (Scotland) Act 2018 ("the 2018 Act") received royal assent. Sections 5 and 13 of the 2018 Act came into force, perhaps earlier than most anticipated, on 1 June 2022. Since then, depending on who you speak to, you are likely to hear differing opinions on whether enough has been done to re-balance the 'defender friendly' discoverability test developed though cases such as Morrison and Gordon's Trustees.
Overview
In a very litigious and long-running saga concerning some land near Bicester, a recent judgment involved parties applying to remove the Administrators.
In summary:
Overview
We asked our team for their predictions of what they think 2025 might bring in the Property Disputes sector.
Insolvencies and Restructuring
Despite numerous obstacles and challenges faced along the way following Brexit (and its inevitable impact on tracing and recovering assets of UK based debtors overseas), we last left our brave cross-border recovery specialists triumphantly holding the hard-won exequatur judgment which expressly recognised the bankruptcy order and Trustee in Bankruptcy (TIB) and confirmed that all rights and powers were enforceable in France. Vive La France!
The Employment (Collective Redundancies and Miscellaneous Provisions) and Companies (Amendment) Act 2024 ("the 2024 Act") introduces some changes to the statutory insolvency regime in Ireland. The relevant provisions of the 2024 Act came into effect earlier this month on 1 July 2024.
重组上市交易(或称借壳上市)通常指收购方(或称借壳方)在取得上市公司控制权的同时或一定期间内,实施重大资产重组将外部资产注入上市公司,以使得上市公司主营业务、资产或收入发生根本变化,实现上市公司业务发展方向的转变,实现借壳方资产证券化的一种交易形式。上市公司作为交易主体参与此类交易,且该类交易的实施流程及审核流程与其他类型的上市公司控制权交易差别较大,本篇作为上市公司控制权收购专题系列文章的最后一篇,拟专题介绍A股重组上市的市场情况、交易架构,并进一步分析此类交易中的重点关注问题。
一、重组上市市场动态
经统计2011年至2024年6月30日期间成功完成的重组上市项目,各年度项目数量变化趋势、各板块占比及民营企业与国资企业占比情况如下:
引言
在新《公司法》实施的第一天,即2024年7月1日,北京市西城区人民法院微信公众号发布了其审结的首例适用新《公司法》第54条规定的加速到期规则的案件。
在该案中,经债权人申请,西城法院在执行程序中追加案涉公司的股东张某为被执行人。进而,西城法院根据新《公司法》第54条,对案涉公司股东张某适用加速到期规则,判决其履行提前缴纳出资的债务,在其未出资的范围内向债权人承担补充赔偿责任。
一、西城法院案例简析[1]
(一)案情概要
李某系案涉公司的前员工。因该公司拖欠工资,李某提起劳动仲裁。经仲裁委调解,双方达成调解协议,约定:公司应于2023年4月底前支付拖欠李某的工资70,000余元。随后,仲裁委据此出具了《调解书》。
因该公司未履行《调解书》项下的付款义务,李某以该公司为被执行人向西城法院提出强制执行申请。由于该公司名下没有可供执行的财产,西城法院裁定终结本次执行程序。