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    De Wet Homologatie Onderhands Akkoord
    2020-10-08

    Op 26 mei 2020 heeft de Tweede Kamer het wetsvoorstel Wet Homologatie Onderhands Akkoord (WHOA) aangenomen. De Eerste Kamer heeft het voorstel op 6 oktober 2020 als hamerstuk afgedaan. De verwachting is dat de WHOA op 1 januari 2021 in werking zal treden.

    Filed under:
    Netherlands, Banking, Insolvency & Restructuring, Dijks Leijssen Advocaten & Rechtsanwälte
    Authors:
    M.M.J. Severiens
    Location:
    Netherlands
    Firm:
    Dijks Leijssen Advocaten & Rechtsanwälte
    Restructuring outside of insolvency proceedings soon possible for illiquid companies in Germany
    2020-10-05

    Federal Ministry of Justice and Consumer Protection submits draft bill on preventive restructuring

    Filed under:
    European Union, Germany, Banking, Insolvency & Restructuring, CMS Germany, Coronavirus
    Authors:
    Dr. Alexandra Schluck-Amend
    Location:
    European Union, Germany
    Firm:
    CMS Germany
    Insights for In-house Counsel - October 2020
    2020-10-02

    Our regular round-up of recent developments and topics for your radar, news on training and networking events for in-house counsel, and an update on our legal tech initiatives.

    HIGHLIGHTS

    Filed under:
    European Union, United Kingdom, Arbitration & ADR, Banking, Capital Markets, Company & Commercial, Competition & Antitrust, Employee Benefits & Pensions, Employment & Labor, Environment & Climate Change, Insolvency & Restructuring, IT & Data Protection, Law Department Management, Litigation, Public, Real Estate, Tax, White Collar Crime, Travers Smith LLP, Bribery, Corporate governance, Brexit, Libor, Modern slavery, Big data, Mediation, Force majeure, Machine learning, Personal data, Cybersecurity, 5G network, Coronavirus, European Commission, HM Revenue and Customs (UK), GDPR
    Location:
    European Union, United Kingdom
    Firm:
    Travers Smith LLP
    Quincecare duty bowls out HSBC
    2020-09-29

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, Litigation, RPC, HSBC
    Authors:
    Harriet Evans , Davina Given
    Location:
    United Kingdom
    Firm:
    RPC
    COVID-19 Pandemic: UK Government Winter Economy Plan & CIGA Extension
    2020-09-30

    *Fried Frank published a memorandum titled COVID-19 Pandemic: Key UK Government and Bank of England Initiatives to Support Businesses on March 30, 2020 and published updates to this memorandum on April 15, 2020, May 13, 2020 and June 15, 2020. As we approach the expiry of a number of the UK Government's initial COVID-19 business support initiatives, this memorandum summarises the UK Government measures that have been announced and that are to be available to eligible UK businesses as we move into 2021.

    Filed under:
    United Kingdom, Banking, Employment & Labor, Insolvency & Restructuring, Tax, Fried Frank Harris Shriver & Jacobson LLP, Coronavirus, HM Revenue and Customs (UK), Bank of England
    Authors:
    John Satory , Dan Oates , Ashley Katz , Angela Becker , Amy Faraday
    Location:
    United Kingdom
    Firm:
    Fried Frank Harris Shriver & Jacobson LLP
    Changes to Coronavirus Provisions under the Corporate Insolvency and Governance Act 2020
    2020-09-28

    The UK Government has issued secondary legislation extending the period of applicability of certain temporary provisions of the Corporate Insolvency and Governance Act 2020 (“CIGA”).

    Filed under:
    United Kingdom, Banking, Company & Commercial, Insolvency & Restructuring, CMS Cameron McKenna Nabarro Olswang LLP, Coronavirus
    Authors:
    Julian Turner
    Location:
    United Kingdom
    Firm:
    CMS Cameron McKenna Nabarro Olswang LLP
    ヨーロッパニューズレター2020年9月29日号
    2020-09-29

    . .1. はじめに Covid-19 の影響が残る 2020 年 6 月 26 日、英国新倒産法(Corporate Insolvency and Governance Act 2020)が施行され、英国 倒産法の大改正が実施されました。英国新倒産法の最大の目的は、債務者フレンドリーな倒産制度の確立にあります。欧州の ファイナンスのハブとして機能する英国は、これまでは比較的、債権者フレンドリーな倒産制度を採用していましたが、新倒産法に より方向転換が図られています。 本ニューズレターでは、ファイナンスの視点から、英国倒産法を概説すると共に、英国新倒産法によるファイナンス実務への影 響を考察します 1 。 2. 英国企業倒産手続及びその適用範囲 (1) 英国企業倒産手続とモラトリアム 英国の企業倒産手続には、主として①清算手続(Liquidation 又は Winding up)、②会社任意整理(Company Voluntary Arrangement)、③スキームオブアレンジメント(Scheme of Arrangement)、④会社管理手続(Administration)及び⑤財産管理手続 (Receivership)があります。

    Filed under:
    Germany, United Kingdom, Banking, Insolvency & Restructuring, Nishimura & Asahi
    Location:
    Germany, United Kingdom
    Firm:
    Nishimura & Asahi
    The critical moving parts in the coming months for the retail sector
    2020-09-25

    Along with tightening social controls, the months ahead will be defined by various critical relationships and the rules that govern them. Of course they all interlock: material change in any of them impacts each of the others. Which causes multiple complexities in decision-making and risk assessment processes, both within a business and when looking at critical suppliers and customers:

    Landlords and Tenants:

    Filed under:
    European Union, United Kingdom, Banking, Company & Commercial, Employment & Labor, Insolvency & Restructuring, Projects & Procurement, Public, Real Estate, Addleshaw Goddard LLP, Brexit, Coronavirus
    Authors:
    David Young
    Location:
    European Union, United Kingdom
    Firm:
    Addleshaw Goddard LLP
    In God We Trust, All Others Pay Cash Collateral: Can Chapter 11 Bankruptcy Debtors Use Assigned Rents for Business Reorganizations Under Ohio Law?
    2020-09-24

    IN BRIEF

    Filed under:
    USA, Ohio, Banking, Insolvency & Restructuring, Litigation, Real Estate, Maurice Wutscher LLP, Coronavirus, European Securities and Markets Authority
    Location:
    USA
    Firm:
    Maurice Wutscher LLP
    BREAKING NEWS: Government seek to extend moratorium on the issue of Statutory Demands and Winding Up Petitions, prohibition on Termination Clauses and modification to eligibility for the new Moratorium procedure
    2020-09-24

    There has been much speculation, but little certainty, as to whether the government intended to extend the provisions of the Corporate Insolvency and Governance Act 2020 (the 2020 Act).

    Today (24th September) the Government has laid before parliament regulations designed to extend the protection offered to struggling businesses by the 2020 Act, beyond the original 30 September deadline.

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, Deka Chambers, Corporate governance, Coronavirus
    Location:
    United Kingdom
    Firm:
    Deka Chambers

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