Entre las sentencias hechas públicas este mes de octubre reseñamos las incluidas en este resumen siendo especialmente destacable entre ellas la de la Audiencia Provincial de Asturias de 20 julio de 2022. En ella se rechaza el pacto por el cual un inmueble hipotecado adquirido en el concurso con subrogación en la deuda se pretende transmitir a otra sociedad del grupo con carga pero sin deuda.
En raison de la hausse du commerce mondial, la question du recouvrement international des créances ne peut être évitée.
Settling any remaining uncertainty in how professionals’ hourly rates will be considered for approval in bankruptcy courts in the Eastern District of Virginia, on October 18, the Bankruptcy Court for the Eastern District of Virginia approved the professional fee applications in the Nordic Aviation bankruptcy cases, including the rates of each of the professionals as appropriate market rates. In particular, the Bankruptcy Court noted that, “[m]uch ink has since been spilled differentiating so-called ‘local’ rates from ‘national’ rates. The distinction is much ado about nothing.
On October 14, 2022, the Fifth Circuit issued its decision in Ultra Petroleum, granting favorable outcomes to “unimpaired” creditors that challenged the company’s plan of reorganization and argued for payment (i) of a ~$200 million make-whole and (ii) post-petition interest at the contractual rate, not the Federal Judgment Rate. At issue on appeal was the Chapter 11 plan proposed by the “massively solvent” debtors—Ultra Petroleum Corp. (HoldCo) and its affiliates, including subsidiary Ultra Resources, Inc.
The Second Circuit released a new decision this week in Sears regarding bankruptcy valuation methodologies and the entitlement of second lien debt holders to adequate protection. Among other interesting aspects of the ruling, the Second Circuit affirmed the Bankruptcy Court’s adoption of a "net orderly liquidation value" for the debtors’ inventory as of the petition date (rather than looking to the actual values obtained by the debtors during the case).
“以房抵债”安排,原常见于缓解开发商在开发过程中少量资金短缺的问题,但部分房地产企业逐渐将其演化作为平衡资金需求的工具,签订大量的“以房抵债”协议,在出现现金流危机、甚至濒临破产的情况下,无力偿还欠款,也无力建完房屋交付债权人,使得“以房抵债”的实现问题变得愈加尖锐。而在理论和实践中,“以房抵债”也存在较多的争议,即便表面上均具备相似的特征,由于个案事实细微的差别,或是裁判观点不同,导致不同的判决结果。故此,本文拟就“以房抵债”在破产程序中可能面临的不同效果进行梳理及探讨。
一、关于“以房抵债”的法律关系的厘清
实践中关于“以房抵债”存在着各种各样的约定,归纳起来,最为常见的为“以物抵债”类型的安排:通常发生在债务到期后(部分案件中可能发生在债务到期前),即以债务人或他人持有的房屋作为抵偿债务的“物”,通过折价转让给债权人的形式,实现债务清偿的目的。该种抵偿改变了原债权金钱给付的方式,在理论上,可称为“他种给付型以房抵债”。
"Credito Real is attempting to bypass Mexican and US insolvency laws and deploy a corporate liquidation statute with almost no protections for creditors.
On October 14, 2022, the U.S.
Lately, the global economic market has been tumultuousMajor changes such as inflation and interest rate hikes may cause individuals or legal entities to fall into the abyss of insolvency. According to the Consumer Debt Clearance Statute and the Bankruptcy Act, if a debtor is unable to repay his/her debts, he/she may clear his/her debts according to the rehabilitation or liquidation process set out by the Consumer Debt ClearanceStatute, or file an application for bankruptcy in accordance with the Bankruptcy Act. Both are procedures to help debtors clear their debts.
近來全球經濟市場瞬息萬變,通貨膨脹、利息調升等重大變動,可能造成個人或法人步入不能清償債務的萬丈深淵。按消費者債務清理條例、破產法之規定,債務人若有不能清償債務之情形時,得依消費者債務清理條例聲請更生、清算,或依破產法聲請破產,二者都是協助債務人清理債務之程序,但從司法案件統計上,准駁情形卻有相當大的差異。
依司法院民國110年統計年報有關「地方法院消債聲請事件終結情形」之統計數字,自101年起至110年止聲請更生事件總計為33,997件,裁准更生之案件總計為24,699件(裁准比率為72.7%);聲請清算事件總計為9,995件,裁定開始清算之案件總計為7,984件(裁准比率為79.9%)。
然而,有關「地方法院民事破產事件終結情形」同期間之統計數字,聲請破產事件總計僅有2,013件,而宣告破產之案件更只有287件(裁准比率為14.3%)。二者同為清理債務之程序,同樣期待債務人能夠透過債務清理程序重獲新生,何以破產事件不論是案件數量或裁准比率,均大幅低於更生或清算事件?
這些聲請破產之個人或法人,在破產程序中,究竟是因為什麼原因而被法院駁回聲請?或許可以從法院駁回破產聲請的理由,探知我國破產程序何以難如登天。