Historically, shareholders and management have not been liable for the debts of the public companies they run or own in Ukraine.
The Court of Appeal has resolved conflicting decisions at EAT level and confirmed that dismissals which are connected with a subsequent TUPE transfer can be automatically unfair under TUPE even where no specific transfer or purchaser is contemplated at the time of dismissal.
"Once in a generation" review
Shortly before the Christmas break, the much anticipated review of the United States "Chapter 11 bankruptcy" regime was published by the American Bankruptcy Institute (ABI). This is one of very few such major "root and branch" reviews of Chapter 11 since its enactment in 1978, and the first since the 1990s.
Für weitere Fragen steht Ihnen
folgender Kollege zur
Verfügung:
Berlin
Dr. Thorsten Seidel, LL.M.
T.: +49 (0)30 2 20 02 81 724
E-Mail: Thorsten.Seidel
@bakermckenzie.com
Beendigung von Ergebnisabführungsverträgen bei
M&A Transaktionen und Restrukturierungen
Ergebnisabführungsverträge („EAV“) sind häufig bei M&A Transaktionen und
im Rahmen von Restrukturierungen zu beenden. Zwei neuere
Gerichtsentscheidungen sollten dabei beachtet werden. Andernfalls laufen
die Parteien Gefahr, dass der EAV nicht ordnungsgemäß beendet wird oder
The Protection of Wages on Insolvency (Amendment) Ordinance 2012 (the “Ordinance”) was passed by the Legislative Council on 18 April 2012 and came into force on 29 June 2012.
Under the Ordinance, the scope of the Protection of Wages on Insolvency Fund will be expanded to cover:
Since gaining its independence in 1993, the Slovak Republic has adopted new laws at a rapid pace. As a country in transition, its legal system continues to develop.
On July 31, 2014, the Honourable Mr. Justice Penny of the Ontario Superior Court of Justice ruled in favour of the plaintiff in Indcondo Building Corporation v. Sloan (S.C.J.).
In the recent Victorian Supreme Court decision of Central Cleaning Supplies (Aust) Pty Ltd v Elkerton and Young (in their capacity as joint and several liquidators of Swan Services Pty Ltd (in liquidation))[1], the Supreme Court considered the issue of whether the Plaintiff's credit application signed by Swan Services Pty Ltd (Swan Services) before 30 January 2012 was a 'transitional security agreement' within the meaning of that term in the Personal Property Securities Act 2009 
The Judicial Committee of the Supreme People’s Court has passed a notice regarding overdue fines on unpaid taxes of a bankrupt enterprise. This came into effect on 12 July 2012.
Welcome to the fifth edition of Baker & McKenzie's quarterly Asia Pacific Financial Services & Regulatory Newsletter.