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Már Magyarországon is elindítható a szerkezetátalakítási eljárás, amelynek célja az életképes vállalkozások nehézségeinek kezelése és a fizetésképtelenség megelőzése. A DLA Piper Hungary szakmai eseményén jogi és gazdasági oldalról egyaránt megvilágították a szakértők az új eljárás részleteit és előnyeit, valamint arra is kitértek, hogy a megváltozott külső körülmények milyen iparági szereplőket állítottak igazán komoly kihívások elé.

Company insolvencies in England and Wales are at their highest quarterly level since 2009, according to a report released by the Office for National Statistics (ONS) last week.

Summary

The Supreme Court held that when directors know, or ought to know, that the company is insolvent or bordering on insolvency, or that an insolvent liquidation or administration is probable, they must consider the interests of creditors, balancing them against the interests of shareholders where they may conflict. The greater the company’s financial difficulties, the more the directors should prioritise the interests of creditors.

Background

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New developments regarding Spanish pre-insolvency restructuring tools

6 September 2022

The Law 16/2022, of 5 September for the amendment of the Spanish Insolvency Law that transposes Directive 2019/1023 (Directive on restructuring and insolvency) (the Law) has been published today in the Spanish Official Gazette. The Law will enter into force on 26 September 2022 (excluding some articles).

The Law sets out structural reforms in pre-insolvency and insolvency regulations to achieve the following goals:

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Reestructuraciones de empresas en crisis Novedades en la Ley Concursal espaola

6 de septiembre de 2022

La Ley 16/2022, de 5 de septiembre, de reforma del texto refundido de la Ley Concursal que traspone la Directiva 2019/1023 sobre reestructuraciones e insolvencia (la Ley) ha sido publicada hoy en el BOE. La Ley entrar en vigor el 26 de septiembre de 2022 (salvo alguna excepcin).

La Ley acomete una reforma estructural en el mbito preconcursal y concursal con numerosas novedades y con los siguientes objetivos:

When a private company wishes to cease its operation in Hong Kong, this is the most common question we are asked: should we deregister the entity or liquidate the entity?

Deregistration

The deregistration procedure is applicable to most companies (subject to certain exceptions) which have not been in operation during the preceding three months.

The UK's latest quarterly company insolvency statistics, published on 2 August, confirm the trends the restructuring community are seeing so far this year and are expecting to continue as we progress through the year.