Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    A Multifaceted Maze: The FCA's Role and Powers in Distressed Situations
    2021-03-12

    WHITE PAPER A Multifaceted Maze: The FCA’s Role and Powers in Distressed Situations The last five years have seen a substantial increase in the number and variety of regulated firms operating in the United Kingdom, with the development in particular of financial services provided by new technology firms, asset managers, challenger banks, payment providers and e-money issuers. At the same time, an increasing number of UK Financial Conduct Authority (“FCA”) regulated firms have entered into insolvency proceedings.

    Filed under:
    United Kingdom, Banking, Capital Markets, Insolvency & Restructuring, Jones Day, Coronavirus, Financial Conduct Authority (UK)
    Location:
    United Kingdom
    Firm:
    Jones Day
    FAQs on PPP First Draw Loans
    2021-03-11

    Numerous changes have been made to the Paycheck Protection Program (PPP) in recent months, primarily stemming from the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Economic Aid Act) signed into law in December 2020 as part of the overall Consolidated Appropriations Act, 2021, and related administrative rules and guidance issued by the Small Business Administration (SBA). In this article, we address frequently asked questions and guidance regarding the initial PPP loans taken out by Borrowers (First Draw Loans).

    Filed under:
    USA, Banking, Employment & Labor, Insolvency & Restructuring, Fredrikson & Byron PA, Bankruptcy, Cloud computing, Coronavirus, Personal protective equipment, Paycheck Protection Program, Federal Communications Commission (USA), Small Business Administration (USA), CARES Act 2020 (USA)
    Authors:
    Erin M. Byom , Caitlin B. Houlton Kuntz
    Location:
    USA
    Firm:
    Fredrikson & Byron PA
    DOJ Enforcement Actions Involving COVID-19 Relief Fraud: An Update
    2021-03-10

    Soon after Congress passed the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) in March 2020, the Criminal Division of the U.S. Department of Justice (DOJ) moved quickly to address potential COVID-19 related fraud. One area of early focus was the Paycheck Protection Program (PPP), a program under the CARES Act that provides loans to small businesses to help pay employees. The Fraud Section set up a team devoted to PPP fraud and, within two months of the passage of the CARES Act, had charged several individuals.

    Filed under:
    USA, Banking, Insolvency & Restructuring, White Collar Crime, Morrison & Foerster LLP, Bankruptcy, Fraud, Coronavirus, Paycheck Protection Program, US Department of Justice, Financial Crimes Enforcement Network (USA), Small Business Administration (USA), CARES Act 2020 (USA)
    Authors:
    James M. Koukios , Brian K. Kidd
    Location:
    USA
    Firm:
    Morrison & Foerster LLP
    Liability management corner: observations from restructuring and leveraged finance
    2021-03-09

    The demand by asset managers, CLOs and other investors for leveraged loans continues to fuel the market for cov-lite loans that include other terms that are attractive for sponsors. These terms often allow for liability management transactions by permitting transfers of assets to unrestricted subsidiaries, or the non-pro rata uptiering of debt and incurrence of super-priority debt with mere majority lender consent.

    Filed under:
    USA, Banking, Corporate Finance/M&A, Employment & Labor, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Coronavirus
    Authors:
    Kyle Lakin , David Almroth , Henry Hutten , Madlyn Gleich Primoff
    Location:
    USA
    Firm:
    Freshfields Bruckhaus Deringer
    Master set-off agreement trumps other terms and conditions: Singapore Court of Appeal reverses High Court decision on issues relating to set-off
    2021-03-08

    The case in question is CIMB Bank Bhd v. World Fuel Services (Singapore) Pte Ltd [2021] SGCA 19. The decision was delivered on 5 March 2021 by the Singapore Court of Appeal.

    The judgment addresses issues surrounding claims by a bank under assignments and other security documents over rights in and receivables under commodities supply contracts, and overturns the Singapore High Court decision in CIMB Bank Bhd v. World Fuel Services (Singapore) Pte Ltd [2020] SGHC 117.

    Summary

    Filed under:
    Singapore, Banking, Company & Commercial, Insolvency & Restructuring, Litigation, Reed Smith LLP
    Authors:
    Kyri Evagora , Kohe Hasan , Justine Barthe-Dejean
    Location:
    Singapore
    Firm:
    Reed Smith LLP
    Court Dismisses Bankruptcy Case to Enable Debtor to Seek a Paycheck Protection Loan
    2021-03-08

    It is well known in the restructuring world that a debtor in bankruptcy can’t get a PPP loan. But what if you’re a debtor and decide a PPP loan could save your business? Will a court dismiss the case so you can seek a loan?

    Filed under:
    USA, Banking, Insolvency & Restructuring, Litigation, Patterson Belknap Webb & Tyler LLP, Coronavirus
    Authors:
    Daniel A. Lowenthal
    Location:
    USA
    Firm:
    Patterson Belknap Webb & Tyler LLP
    The taper begins, seat belts fastened and no tantrums please!
    2021-03-04

    For most businesses, the Chancellor’s budget statement yesterday brings some welcome news with the extension of certain critical Covid-19 support measures. However, this is coupled with the removal of certain government-backed loan schemes and a future increase in the corporation tax rate from 19 per cent to 25 per cent from 2023 onwards.

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, Tax, Freshfields Bruckhaus Deringer, Coronavirus
    Authors:
    Richard Tett , Lindsay Hingston , Kevin Connolly , Nicholas Cooper
    Location:
    United Kingdom
    Firm:
    Freshfields Bruckhaus Deringer
    What are the likely consequences of COVID-19 for financial institutions in 2021?
    2021-03-02

    While the world wrestles with the day-to-day realities of the pandemic, 2021 will bring further challenges. With the memory of the litigious and regulatory aftermath of the global financial crisis still fresh, what should be on your radar?

    1. Disputed margin calls and close-outs

    Filed under:
    United Kingdom, Banking, Competition & Antitrust, Compliance Management, Employment & Labor, Healthcare & Life Sciences, Insolvency & Restructuring, Insurance, IT & Data Protection, Tax, White Collar Crime, BCLP, Force majeure, Coronavirus, HM Revenue and Customs (UK)
    Location:
    United Kingdom
    Firm:
    BCLP
    2020 Consumer Financial Services Year in Review & A Look Ahead
    2021-03-02

    2020 was a transformative year for the consumer financial services world. As we navigated an unprecedented volume of industry regulation, Troutman Pepper leveraged our decades of experience and legal know how to help clients find successful resolutions and stay ahead of the compliance curve.

    Filed under:
    USA, Arbitration & ADR, Banking, Company & Commercial, Employment & Labor, Insolvency & Restructuring, IT & Data Protection, Litigation, Telecoms, Troutman Pepper, Cybersecurity
    Location:
    USA
    Firm:
    Troutman Pepper
    U.S. Senators Unveil Bill Proposing Clear Path to Discharge Student Loan and Medical Debt in Bankruptcy
    2021-03-01

    A bill introduced by Democratic U.S. senators looks to make it easier for Americans to discharge student loans and medical debt. If passed as currently written, the Medical Bankruptcy Fairness Act of 2021 would drastically change the U.S. bankruptcy system by removing certain procedural hurdles that make the bankruptcy process complex and by creating a clearer path to discharging debts that impact millions of Americans.

    Filed under:
    USA, Banking, Insolvency & Restructuring, Litigation, Troutman Pepper, Coronavirus
    Authors:
    Timothy J. “Tim” Bado , Ethan G. Ostroff
    Location:
    USA
    Firm:
    Troutman Pepper

    Pagination

    • First page « First
    • Previous page ‹‹
    • …
    • Page 66
    • Page 67
    • Page 68
    • Page 69
    • Current page 70
    • Page 71
    • Page 72
    • Page 73
    • Page 74
    • …
    • Next page ››
    • Last page Last »
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days