De kwaliteit van de debiteurenportefeuille is van belang voor de beoordeling van de vraag of een tussentijds dividendbesluit door de beugel kan. Dat blijkt uit een uitspraak van de Hoge Raad d.d. 23 september 2016.

Hierna volgt een korte bespreking van een arrest dat met name van belang is voor de praktijk. Een praktijk waarin curatoren steeds vaker geconfronteerd worden met ICT-leveranciers die zich opstellen als dwangcrediteuren (ik roep Oilily in herinnering), maar niet onder de reikwijdte van artikl 37b Fw vallen.

The latest piece in the jigsaw of Hong Kong's corporate winding-up regime is the Companies (Winding Up and Miscellaneous Provisions) (Amendment) Ordinance 2016 ("Amendment Ordinance"), which enters into legal effect as of today, 13 February 2017.

Introduction

On November 8 2016 Parliament adopted the Sapin II Act to promote:

• transparency;
• the fight against corruption; and
• the modernisation of the economy.

The act authorises the government to make decisions regarding legislative matters, including with regard to clarifying and modernising the status of security agents and their role in restructurings.

Serving on a court-appointed bankruptcy committee can come with many benefits, and the list just got a little longer. In Blixseth v. Brown, the Ninth Circuit held that committee members enjoy some of the same protections as trustees when it comes to potential attacks for actions taken during a bankruptcy case.

The bankruptcy of solar power developer SunEdison has been one of the most discussed topics of the US renewable energy market in 2016. Christy Rivera, partner in Chadbourne’s bankruptcy group, joins us to discuss outcomes, surprises and lessons learned from SunEdison’s bankruptcy filing.

A recent decision by Judge Sontchi in the Bankruptcy Court for the District of Delaware casts some light on the methods that representatives of non-U.S. debtors can—and can’t—use to track down those who owe such debtors money.

Introduction

Introduction

A significant factor in the success of restructurings negotiated in French out-of-court processes (whether ad hoc mandates or conciliations) is the absolute confidentiality of the discussions conducted by a company and the relevant stakeholders (usually creditors, existing or new sponsors or key clients) under the supervision of a court-appointed insolvency practitioner.

On November 7, 2014, the City of Detroit’s historic Chapter 9 municipal bankruptcy case culminated with the confirmation of the City’s proposed plan of adjustment (after eight amendments), and the approval of various related settlements. Although little more than a month has passed, a great deal of ink has already been spilled on what the City’s bankruptcy case means, particularly from the viewpoint of the municipality and its citizens.