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El Reglamento 2015/848, del Parlamento Europeo y del Consejo, sobre procedimientos de insolvencia (texto refundido), sustituye al Reglamen- to 1346/2000 y se aplicará a los procedimientos de insolvencia que se abran después del 26 de junio del 2017 (DOUE  L 141, de 5 de junio).

Regulation 2015/848 of the European Parliament and the Council on insolvency proceedings (recast) replaces Regulation 1346/2000 and shall apply to insolvency proceedings opened after 26 June 2017 (OJ L 141, 5 June).

The Fiduciary Duties of Directors

When a company enters the zone of insolvency (the so-called “twilight zone”), conflicts of interest between the company, its shareholders and the different stakeholders, such as creditors, are ignited and the pressure on directors for contradictory forms of action is intensified.

Freezing orders and the Foreign Judgments Act

Freezing orders (also known as Mareva orders or Mareva injunctions) are oft-used tools available to a plaintiff to preserve the assets of a defendant, where there is a danger of the defendant absconding or of the assets being removed from the jurisdiction or otherwise diminished. Such dangers put in peril the ability of a plaintiff to recover any favourable judgment against that defendant.

Análisis GA&P | Octubre 2015 1 N. de la C.: En las citas literales se ha rectificado en lo posible —sin afectar al sentido— la grafía de ciertos elementos (acentos, mayúsculas, símbolos, abreviaturas, cursivas...) para adecuarlos a las normas tipográficas utilizadas en el resto del texto. 1. Sobre la prejudicialidad de los pronunciamientos de los juzgados de lo Mercantil ante la venta de unidades productivas en sede concursal 1.1. Son muchas las empresas interesadas en adquirir unidades productivas en liquidación.

Introduction

The Full Court of the Federal Court has given some important guidance on the calculation of remuneration for court appointed receivers.  In its decision in Templeton v Australian Securities and Investment Commission the Court has highlighted the importance of proportionality in determining reasonable remuneration.

General Position