Government draft of law implements EU Restructuring Framework, and introduces new restructuring instruments.
Successfully executing an acquisition from stress, distress, or insolvency requires a creative approach to reconcile competing interests.
U.S. District Court for the District of North Dakota
In Kotalik v. A.W. Chesterton Co., several defendants filed motions to enforce the plaintiffs’ compliance with disclosure requirements of North Dakota’s Asbestos Bankruptcy Trust Transparency Act. Counsel for the defendants as well as plaintiffs moved the court for a hearing on the issue. Lastly, plaintiffs’ counsel moved for a certification of a question to the North Dakota Supreme Court regarding the constitutionality of the Trust Transparency Act.
As a result of the legal amendments on German tenancy law that were passed in March 2020 in connection with the COVID-19 pandemic, landlords are not allowed to terminate lease agreements for default of rental payments occurring in the period from April 1 to June 30, 2020, until June 30, 2022, if those defaults result from the COVID-19 pandemic.
Six key takeaways for COVID-19 Restructurings and Antitrust
Issuers face numerous restructuring alternatives, both within and outside the bankruptcy process
U.S. District Court for the Eastern District of Louisiana, May 13, 2020
The new measures seek to overcome the expected high rate of insolvency, refinancing, and corporate disputes arising from the COVID-19 crisis
New legislation suspends contractual obligations for the next six months with related disputes subject to a separate dispute resolution system.
On 7 April 2020, the Singapore Parliament passed the COVID-19 (Temporary Measures) Act (the Act) offering temporary relief to businesses and individuals who are unable to fulfil their contractual obligations because of COVID-19 and providing temporary amendments to bankruptcy and insolvency laws. The Act went into effect immediately.
�عمل مكتب سلمان بن متعب السديري للمحاماة"مؤسسة فردية" بالتعاون مع ليثم أند واتكن� �� المملكة العر�ية السعودية. و�عمل ليثم أند واتكن� �� جميع أنحاء العالم كشراكة ذات مسؤولية محدودةمنظمة بموجب قوان�ن ولاية ديلاو�ر (بالولايات المتحدة الأمر�كية) بالتعاون مع شر�ات تضامن تا�عة ذات مسؤولية محدودة تقدم خدما��ا �� فر�سا وهونج �ونج وإيطاليا وسنغافورة والمملكة المتحدة، وتقدم الشركة خدما��ا كشركة تضامن تا�عة �� اليابان. كما �عمل الشركة �� �ور�ا ا�جنو�ية كشركة أجنبية للاستشارات النظامية. حقوق النشر لعام ٢٠٢٠ محفوظة لصا�ح ليثم أند واتكن�. جميع ا�حقوق محفوظة.