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    Indonesia: New Criminal Code - fraudulent acts against creditors chapter
    2023-01-30

    In brief

    The New Criminal Code became the first piece of legislation passed into Law in 2023 and was promulgated on 2 January as Law No. 1 of 2023.

    Filed under:
    Indonesia, Insolvency & Restructuring, Litigation, White Collar Crime, Baker McKenzie, Articles of association, Anti-money laundering, Anti-bribery and corruption
    Authors:
    Andi Y. Kadir
    Location:
    Indonesia
    Firm:
    Baker McKenzie
    English Court recognises sole director's decision-making powers
    2022-10-11

    The High Court has recently held that the appointment of administrators by a sole director of a company with unamended Model Articles was valid.  

    Background 

    The document allegedly appointing the administrators of the company was a standard set of board minutes, reportedly chaired by a man and recording that a quorum was present. In fact, there was no meeting, and the decision was taken alone by the sole female director. 

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Articles of association, Insolvency
    Authors:
    Emilie Kennedy
    Location:
    United Kingdom
    Firm:
    Taylor Wessing
    English Court recognises sole director's decision-making powers
    2022-10-11

    The High Court has recently held that the appointment of administrators by a sole director of a company with unamended Model Articles was valid.  

    Background 

    The document allegedly appointing the administrators of the company was a standard set of board minutes, reportedly chaired by a man and recording that a quorum was present. In fact, there was no meeting, and the decision was taken alone by the sole female director. 

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Articles of association, Insolvency
    Authors:
    Emilie Kennedy
    Location:
    United Kingdom
    Firm:
    Taylor Wessing
    English Court recognises sole director's decision-making powers
    2022-10-11

    The High Court has recently held that the appointment of administrators by a sole director of a company with unamended Model Articles was valid.  

    Background 

    The document allegedly appointing the administrators of the company was a standard set of board minutes, reportedly chaired by a man and recording that a quorum was present. In fact, there was no meeting, and the decision was taken alone by the sole female director. 

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Articles of association, Insolvency
    Authors:
    Emilie Kennedy
    Location:
    United Kingdom
    Firm:
    Taylor Wessing
    English Court recognises sole director's decision-making powers
    2022-10-11

    The High Court has recently held that the appointment of administrators by a sole director of a company with unamended Model Articles was valid.  

    Background 

    The document allegedly appointing the administrators of the company was a standard set of board minutes, reportedly chaired by a man and recording that a quorum was present. In fact, there was no meeting, and the decision was taken alone by the sole female director. 

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Articles of association, Insolvency
    Authors:
    Emilie Kennedy
    Location:
    United Kingdom
    Firm:
    Taylor Wessing
    English Court recognises sole director's decision-making powers
    2022-10-11

    The High Court has recently held that the appointment of administrators by a sole director of a company with unamended Model Articles was valid.  

    Background 

    The document allegedly appointing the administrators of the company was a standard set of board minutes, reportedly chaired by a man and recording that a quorum was present. In fact, there was no meeting, and the decision was taken alone by the sole female director. 

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Articles of association, Insolvency
    Authors:
    Emilie Kennedy
    Location:
    United Kingdom
    Firm:
    Taylor Wessing
    English Court recognises sole director's decision-making powers
    2022-10-11

    The High Court has recently held that the appointment of administrators by a sole director of a company with unamended Model Articles was valid.  

    Background 

    The document allegedly appointing the administrators of the company was a standard set of board minutes, reportedly chaired by a man and recording that a quorum was present. In fact, there was no meeting, and the decision was taken alone by the sole female director. 

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Articles of association, Insolvency
    Authors:
    Emilie Kennedy
    Location:
    United Kingdom
    Firm:
    Taylor Wessing
    Liquidation of Limited Liability Companies (LLC) in UAE
    2017-04-30

    Introduction:

    Filed under:
    United Arab Emirates, Company & Commercial, Insolvency & Restructuring, Legal personality, Shareholder, Limited liability company, Liability (financial accounting), Liquidation, Articles of association, Liquidator (law)
    Location:
    United Arab Emirates
    English Court recognises sole director's decision-making powers
    2022-10-11

    The High Court has recently held that the appointment of administrators by a sole director of a company with unamended Model Articles was valid.  

    Background 

    The document allegedly appointing the administrators of the company was a standard set of board minutes, reportedly chaired by a man and recording that a quorum was present. In fact, there was no meeting, and the decision was taken alone by the sole female director. 

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Articles of association, Insolvency
    Authors:
    Emilie Kennedy
    Location:
    United Kingdom
    Firm:
    Taylor Wessing
    English Court recognises sole director's decision-making powers
    2022-10-11

    The High Court has recently held that the appointment of administrators by a sole director of a company with unamended Model Articles was valid.  

    Background 

    The document allegedly appointing the administrators of the company was a standard set of board minutes, reportedly chaired by a man and recording that a quorum was present. In fact, there was no meeting, and the decision was taken alone by the sole female director. 

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, Litigation, Taylor Wessing, Articles of association, Insolvency
    Authors:
    Emilie Kennedy
    Location:
    United Kingdom
    Firm:
    Taylor Wessing

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