The Kaboko judgment brings comfort to directors who hold D&O insurance policies, or those seeking to bring proceedings against directors of an insolvent company, provided the claim is not based in whole or in part on the company's insolvency.
The appointment of a receivership is an incredibly useful tool for lawyers. Since it is such a useful tool and due to a recent ruling in Texas, we thought now was as good as any to brush up on our familiarity with receiverships.
自己破産というのは、借金を返すことがもう絶対にできないということを裁判所に理解してもらい、法律上で、借金をなくしてもらうことができるやり方です。生活する中で、最低限必要な財産以外のものは、何もかも失うことになります。 日本の国民であるならば、誰もが自己破産ができるのです。
本来、債務は自分で返済すべきですが、どうにも返済の見込みが立たないときには、債務整理を考えてみるべきです。 一般的に債務整理が必要かどうか判断するタイミングというのは、毎月の返済が収入の３割以上に及ぶ場合が妥当な時期のようです。任意整理で弁護士等を訪れるのはこのタイミングが一番多いです。予定していた日に返済が行われないと、貸した側から次の日には支払いに関しての連絡がくるでしょう。
次の支払い予定日を聞かれるのでそこで約束すれば、あとでしつこく電話がかかってくることもありません。
しかし、もしその期日に約束を果たさないと、また催促の連絡がきて、やがて訴訟に発展する可能性もあります。
どうあがいても返済不能な状態に陥ったら、任意整理、個人再生、自己破産といった債務手続きをするという手があります。
どういった形で債務者が借金を整理するかによって債務整理には４つの方法があります。
Whether liquidated damages (LDs) can be claimed after termination is a question which comes up regularly. It is very relevant in the current climate where contracts are often terminated following contractor insolvency. If I were devising a construction law exam paper, this classic question would undoubtedly appear.
30 January 2019 marks the seventh anniversary of when the Personal Property Securities Act 2009 (Cth) started to apply and, as registrations against serial numbers and/or consumer property can only have a duration of 7 years, that means those types of registrations (if made in 2012) will expire automatically this year unless they are renewed.
If you have made registrations on the PPS register that are for a period of 7 years (or less):
On December 27th, Jonathan and I returned to the studio to record the latest podcast for The Bank Account. We haven’t discussed New Year’s Resolutions, but we’ll try to return to a little more normalcy in 2019!
Get your 5 Minute Fix of major projects and construction news. This issue: significant security of payment reform on the agenda in WA, review of the BCIIP Act tabled, Infrastructure Victoria's report on the investment required to support automated and zero emissions vehicles, more on cladding and the High Court grants special leave to consider the availability of a quantum meruit claim as an alternative to contract damages upon repudiation of a building contract.
Review of security of payment reform for WA subcontractors released
This article first appeared in Corporate Rescue & Insolvency, December 2018.
Key points
Key points
We at the BCLP Global Insolvency and Restructuring Developments (the GRID) continue to watch and cover the growing jurisprudence of trustees seeking to recover pre-petition tuition payments made by a debtor parent to support his or her child’s college education.