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    Judicial interpretations regarding Enterprise Bankruptcy Law in the process of investigation and research
    2008-07-31

    The Supreme People’s Court has begun drafting the Regulations of Several Issues Concerning the Application of Enterprises Bankruptcy Law (Tentative Name), so as to conform with the implementation of the Enterprise Bankruptcy Law. The regulations are meant to interpret the EnterpriseBankruptcy Law in an integrated and systematic way and guide all levels of the people’s courts in adjudicating enterprise bankruptcy cases. The regulations are in the early state of drafting.

    Filed under:
    China, Insolvency & Restructuring, White & Case, Bankruptcy
    Location:
    China
    Firm:
    White & Case
    Supreme People’s Court launched efforts to formulate judicial interpretations on Enterprise Bankruptcy Law
    2008-08-01

    Xi Xiaoming, the deputy president of China’s Supreme People’s Court, said that the Supreme People’s Court has formally launched efforts to formulate judicial interpretations on the Enterprise Bankruptcy Law. The Court will conduct further research on several important legal issues arising from the new circumstances and problems which the courts have encountered since the introduction of the Enterprise Bankruptcy Law on 1 June 2007.

    Filed under:
    China, Insolvency & Restructuring, White & Case, Bankruptcy, Data
    Location:
    China
    Firm:
    White & Case
    Asia restructuring and insolvency briefing - China
    2009-01-15

    Introduction This briefing complements our other publications on corporate restructuring and the sale or purchase of distressed assets.  

    What are the options for companies in financial difficulty in the PRC?  

    Filed under:
    China, Insolvency & Restructuring, Norton Rose Fulbright, Bankruptcy, Shareholder, Debtor, Unsecured debt, Accounting, Debt, Liquidation, Balance sheet, Cashflow, Debt restructuring
    Location:
    China
    Firm:
    Norton Rose Fulbright
    Supreme People’s Court opines on the proper adjudication of enterprise bankruptcy cases amidst the global financial crisis
    2009-06-30

    Throughout the global economic meltdown, the number of bankruptcy cases in China has risen considerably. To shed light on bankruptcy proceedings and stabilize the domestic economy, the Supreme People’s Court of the PRC issued Opinions on Several Issues Regarding the Proper Adjudication of Enterprise Bankruptcy Cases to Provide a Judicial Safeguard for Maintaining Order in the Market Economy on June 12, 2009. The Opinions direct courts at all levels to properly apply the Enterprise Bankruptcy Law (EBL) to assist insolvent enterprises, maintain market order, and stabilize the economy.

    Filed under:
    China, Insolvency & Restructuring, Litigation, Hogan Lovells, Credit history, Bankruptcy, Debtor, Debt, Liquidation, Compensation and benefits
    Location:
    China
    Firm:
    Hogan Lovells
    Croatian Constitutional Court rules on lex agrokor
    2018-07-24

    On 2 May 2018 the Croatian Constitutional Court ("Constitutional Court") upheld the Law on Extraordinary Administration Procedure for Companies of Systematic Importance for Croatia, better known as "Lex Agrokor".

    Filed under:
    Croatia, Insolvency & Restructuring, Litigation, Wolf Theiss, Bankruptcy, Debt restructuring
    Location:
    Croatia
    Firm:
    Wolf Theiss
    “Las ventas 363”, una muestra de la experiencia internacional para adquirir empresas en insolvencia
    2016-05-17

    Estas herramientas pueden emplearse, en cuanto sea adecuado y conveniente, para promover y dinamizar el mercado de compraventa de compañías en dificultades.

    Dos de los pilares más importantes del régimen de insolvencia son la protección del crédito y la conservación de la empresa como unidad de explotación económica y fuente generadora de empleo, siempre bajo el criterio de agregación de valor. Así lo reconoce la Ley 1116 del 2006 y las legislaciones de un sinnúmero de jurisdicciones.

    Filed under:
    Colombia, USA, Corporate Finance/M&A, Insolvency & Restructuring, Brigard Urrutia, Bankruptcy, General Motors
    Authors:
    Darío Laguado Giraldo
    Location:
    Colombia, USA
    Firm:
    Brigard Urrutia
    The Financial Operations and Pre-Bankruptcy Settlement Act
    2013-03-25

    The Financial Operations and Pre-Bankruptcy Settlement Act

    Filed under:
    Croatia, Banking, Insolvency & Restructuring, Vidan Attorneys At Law, Bankruptcy, Legal personality, Market liquidity, Liquidity risk
    Authors:
    Hrvoje Vidan
    Location:
    Croatia
    Firm:
    Vidan Attorneys At Law
    The amendments to the Financial Operations and Pre-Bankruptcy Settlement Act
    2013-10-10

    The disadvantages and ambiguous interpretations that have frequently occurred in the implementation of the pre-bankruptcy settlement procedures preventing the achievement of the primary goal of the Financial Operations and Pre-Bankruptcy Settlement Act (“the Act”) - the establishment of liquidity and solvency of business entities – have provoked a need for detailed amendments to the Act. The second amendments to the Act which were published in the Official Gazette No.

    Filed under:
    Croatia, Insolvency & Restructuring, Litigation, Vidan Attorneys At Law, Bankruptcy, Market liquidity
    Authors:
    Hrvoje Vidan
    Location:
    Croatia
    Firm:
    Vidan Attorneys At Law
    Croatia: the new Bankruptcy Act aims to accelerate bankruptcy proceedings and resolve non-liquidity in the market
    2015-11-23

    The recently adopted Croatian Bankruptcy Act ("SZ")[1] sets out a new integrated pre-bankruptcy and bankruptcy regime. SZ has entirely replaced the previous bankruptcy act that was in force for 18 years, as well as provisions regulating pre-bankruptcy settlement proceedings prescribed under the Act on Financial Operations and Pre-bankruptcy Settlement

    Filed under:
    Croatia, Insolvency & Restructuring, Schoenherr, Bankruptcy, Market liquidity
    Authors:
    Ozren Kobsa , Ozren Ivkovic
    Location:
    Croatia
    Firm:
    Schoenherr
    Cross Border Restructuring and Insolvency Update - May 2016
    2016-05-31

    Short stories

    Amendments to the Czech Insolvency Act 2016

    Filed under:
    Czech Republic, Global, Hungary, India, Arbitration & ADR, Insolvency & Restructuring, Litigation, Ashfords LLP, Bankruptcy, Liquidation
    Authors:
    Alan Bennett , Emma Clayton , Olivia Bridger
    Location:
    Czech Republic, Global, Hungary, India
    Firm:
    Ashfords LLP

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