In accordance with EU legislation, Member States have the power to limit the obligation of public guarantee institutions to pay employees’ claims in the event of their employer’s insolvency. The Court of Justice found to be compliant a national provision (Bulgarian law) that confines the protection given by said guarantee institutions to those employment relationships that have not ended within the three months prior to the opening of insolvency proceedings.
On August 14, 2018, the United States Court of Appeals for the Eleventh Circuit issued a decision holding that section 547(c)(4) of the Bankruptcy Code, which provides a defense to the avoidance of preferential transfers to the extent the transferee provided new value to the debtor,[1] does not require new value to remain unpaid as of the date the bankruptcy petition was filed.
Todos los supuestos de extinción en que ésta es adoptada por voluntad del trabajador, pero derivada de una decisión unilateral de la empresa, han de tener el mismo tratamiento por parte de los Estados miembros. Así lo señala el Tribunal de de Justicia en un reciente pronunciamiento en el que resuelve una cuestión cuya trascendencia práctica desborda el supuesto planteado específicamente.
Reiterando y desarrollando la argumentación contenida en la STS de 15 de marzo de 2017 [RJ 2017/1370], el Tribunal Supremo ha vuelto a pronunciarse sobre qué debe entenderse por grupo de sociedades a los efectos de la Ley Concursal en su Sentencia de 11 de julio de 2018 [RJ 2018/2815].
Su doctrina gira, expuesta en términos resumidos, en torno a las siguientes ideas:
En un asunto en el que todavía resultaba de aplicación la normativa sobre quiebras del Código de Comercio (y, en concreto, el hoy derogado art. 878), se planteó el problema del alcance de la protección del artículo 34 Ley Hipotecaria con respecto del subadquirente de un derecho real de hipoteca.
On June 20, 2018, the United States Bankruptcy Court for the District of Delaware issued a decision sustaining the debtors’ objection to the proof of claim filed by Contrarian Funds, LLC.
When it comes to voting on a plan, Section 1126(e) of the Bankruptcy Code provides that a bankruptcy court may designate (or disallow) the votes of any entity whose vote to accept or reject was not made in “good faith” (a term that is not defined in the Bankruptcy Code).
FINANCIAL REGULATORY DEVELOPMENTS FOCUS JUNE 7, 2018 ISSUE 22 In this week’s newsletter, we provide a snapshot of the principal U.S., European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset managers and corporates. Click here if you wish to access our Practice Group/Industry website. IN THIS ISSUE Bank Prudential Regulation & Regulatory Capital ..............................................................................................
El orden social mantiene no sólo su competencia, sino la aplicación del régimen jurídico de la sucesión laboral de empresa, aun cuando exista un auto del juez del concurso por el que se exonere de deudas a la empresa adquirente.
MAY 23, 2018/20 FINANCIAL REGULATORY DEVELOPMENTS FOCUS Proxima Nova A ExCn 35pt In this week’s newsletter, we provide a snapshot of the principal U.S., European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset managers and corporates. Click here if you wish to access our Financial Regulatory Developments website. IN THIS ISSUE AML/CTF, Sanctions and Insider Trading ..............................................................................................................