In a recent decision, Judge David Novak of the US District Court for the Eastern District of Virginia vacated the Chapter 11 plan confirmation order entered by the bankruptcy court in the Mahwah Bergen Retail Group (formerly known as Ascena Retail Group) case, holding that the plan’s non-consensual third-party releases were unenforceable.¹ The ruling arrived shortly after an

The liquidators of a company successfully applied to join the insurers of the directors of an insolvent company to court proceedings.

In Issue

As part of a claim against a company’s directors for insolvent trading, it became apparent that should the directors be found liable, they would be unable to pay the damages sought, and would become bankrupt. The liquidator brought an interlocutory application to join the company’s insurers that provided management liability cover in the relevant period, pursuant to of s117 of the Bankruptcy Act 1966 (Cth).

The law is the witness and external deposit of our moral life. Its history is the history of the moral development of the race.

Unitranche financing began as a middle-market product, tracing its origins to the days of recovery from the global credit crisis. The credit markets re-opened with an explosion of available capital from traditional lenders, business development companies and other direct lenders. With an increasing supply of capital, leverage shifted to borrowers and private equity, allowing them to better dictate the terms and conditions of their loan facilities. With the greater prevalence of so-called “covenant-lite” loans, also came the exponential growth of the unitranche market.

世界银行集团（WBG）高级管理层于2021年9月16日决定停止发布《营商环境报告》（DB）报告和数据，并于2022年2月4日公布了宜商环境（Business Enabling Environment，简称BEE）概念的说明，用宜商环境替代原有的营商环境，并将破产纳入BEE一级指标。破产指标下包含破产程序的监管质量、破产程序的相关体制及机制的质量以及破产司法程序的难易程度三个二级指标。

目前，受到新冠疫情的影响，有很多企业面临无法清偿到期债务、资不抵债或者明显缺乏清偿能力的情形，而破产程序包括破产清算、破产重整和破产和解，既是平衡债权人债务人利益的有力手段，也是挽救企业、使企业再生的重要安排。

They are all the rage: People are forming decentralized autonomous organizations (DAOs) as vehicles to purchase or bid on a wide range of assets—NFL teams, golf courses, fossil-fuel companies, even a copy of the U.S. Constitution.

Overview

Deepening a split of circuits, the First Circuit Court of Appeals held that the Bankruptcy Code waived the sovereign immunity of Native American Tribes. The May 6, 2022 opinion by Judge Sandra L.

С 1 апреля 2022 года и до 1 октября 2022 года Правительством РФ введен мораторий на возбуждение дел о банкротстве по заявлениям кредиторов.

The Russian Government has introduced* a moratorium on creditors filing bankruptcy cases from 1 April 2022 and until 1 October 2022.