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
    STX Offshore court rehabilitation
    2016-06-01

    On 27 May 2016, South Korea's STX Offshore & Shipbuilding Co. ("STX OS"), once the country's fourth-largest shipbuilding firm by revenue, filed for court-supervised rehabilitation, in the Seoul Central District Court.

    Filed under:
    South Korea, Insolvency & Restructuring, Litigation, Clyde & Co LLP, Debt, Unsecured creditor, Court of Appeal of Singapore
    Authors:
    Prakash Pillai , Junxiang Koh
    Location:
    South Korea
    Firm:
    Clyde & Co LLP
    “UNIVERSAL QUEEN” - English Court varies a recognition of Korean insolvency proceedings order in support of London arbitration
    2015-11-26

    An order recognising South Korean insolvency proceedings involving a shipping company, which had the effect of staying the commencement of actions against the company, was varied so that parties who had contracted with a Korean ship operator could pursue claims against it in London arbitration1.

    Background

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Shipping & Transport, Clyde & Co LLP
    Location:
    United Kingdom
    Firm:
    Clyde & Co LLP
    Whose engine is it anyway? Challenges to engine leasing in Denmark
    2014-02-26

    A December 2012 ruling has effectively called into question the validity of engine leases in Denmark. Ruling in relation to the bankrupt regional airline Cimber Sterling, a judge in the District Court of Sønderborg ordered the trustees of the estate to return seven of the nine engines in question to the engine lessors. However, the two remaining engines, both GE CF34s valued at around USD 2 million each, were to be retained by the trustees as on the date of bankruptcy they had been affixed to the Bombardier CRJ200 aircraft for over three months.

    Filed under:
    Denmark, Aviation, Insolvency & Restructuring, Litigation, Clyde & Co LLP
    Location:
    Denmark
    Firm:
    Clyde & Co LLP
    Debt recovery and creditor enforcement rights during COVID-19: the challenges and a proposed solution
    2020-11-06

    The Corporate Insolvency and Governance Act 2020 (‘CIGA’) came into force in June 2020 and introduced significant reforms to the insolvency law of England and Wales. This article explores the temporary measures introduced by CIGA, with a particular focus on what they mean for creditors looking to recover bad debts and offers a possible solution for creditors with claims which, in current challenging times, may be written off as disproportionately costly to take forward.

    Limited debt recovery options and enforcement rights until (at least) 31 December 2020

    Filed under:
    United Kingdom, Insolvency & Restructuring, Clyde & Co LLP, Coronavirus
    Location:
    United Kingdom
    Firm:
    Clyde & Co LLP
    COVID-19 Insolvency: Considerations for the Singapore (Temporary Measures) Act
    2020-04-08

    The Act is meant to give temporary relief to financially distressed individuals, firms and businesses who are facing challenges imposed by COVID-19 but who are otherwise viable and profitable.

    It is unsurprising that many of the Act’s sections expressly refer to the relevant provisions of the personal and corporate insolvency legislation applicable in Singapore. In this regard, it is noteworthy that the Act refers expressly to the Insolvency, Restructuring and Dissolution Act (“IRDA”). This warrants some explanation.

    Filed under:
    Singapore, Insolvency & Restructuring, Clyde & Co LLP, Coronavirus
    Authors:
    Prakash Pillai , Junxiang Koh
    Location:
    Singapore
    Firm:
    Clyde & Co LLP
    D&O insurance and section 103 InsO
    2019-08-05

    In a final ruling dated 6 March 2019 (Case ref.: 5 O 234/17), the Regional Court of Wiesbaden decided that the insolvency administrator and all insured persons are not entitled to claim insurance coverage for claims attributable to an insurance period for which the insolvency administrator has chosen not to fulfi l the D&O insurance contract.

    Filed under:
    Germany, Insolvency & Restructuring, Insurance, Litigation, Clyde & Co LLP
    Authors:
    Dr. Daniel Kassing, LL.M.
    Location:
    Germany
    Firm:
    Clyde & Co LLP
    Understanding compulsory liquidation
    2018-01-30

    A company enters into compulsory liquidation when the court makes a winding up order. Upon the order being made, the Official Receiver ("OR") is automatically appointed as liquidator, however, the company's creditors may nominate an alternative licensed insolvency practitioner to act as liquidator. A liquidator's primary function is to realise the company's assets for the benefit of its creditors.

    Filed under:
    United Kingdom, Company & Commercial, Employment & Labor, Insolvency & Restructuring, Litigation, Clyde & Co LLP, Liquidation
    Authors:
    Andrew Foster , Duncan Lockhart
    Location:
    United Kingdom
    Firm:
    Clyde & Co LLP
    Aktuelle Entwicklungen
    2017-05-22

    Reform des Insolvenzanfechtungsrechts

    Das Gesetz zur Reform des Insolvenzanfechtungsrechts ist am 05.04.2017 in Kraft getreten. Im Fokus steht mit § 133 InsO die sogenannte Voranfechtung, die bislang in ihrer Ausprägung durch die Rechtsprechung des Bundesgerichtshofs in der Kritik stand. Im Ergebnis musste ein Gläubiger so bereits dann mit einer Insolvenzanfechtung durch den Insolvenzverwalter rechnen, wenn er seinem Schuldner eine Ratenzahlung gewährte.

    Filed under:
    Germany, Arbitration & ADR, Insolvency & Restructuring, Litigation, Clyde & Co LLP
    Authors:
    Dr Henning Schaloske , Daniel Kreienkamp
    Location:
    Germany
    Firm:
    Clyde & Co LLP
    Hanjin Shipping - Current jurisdictional status and options - United Kingdom
    2016-10-04

    The fact that the receiver appointed for Hanjin, Mr Tai-Soo Suk, quickly took steps to extend to the UK the protection afforded by the Korean rehabilitation proceedings, was of little surprise, as England is likely to be the forum where the majority of creditors will have to bring proceedings to recover debts or claim damages for breach of contract.

    Filed under:
    South Korea, United Kingdom, Insolvency & Restructuring, Litigation, Clyde & Co LLP
    Location:
    South Korea, United Kingdom
    Firm:
    Clyde & Co LLP
    International review - May 2016
    2016-05-31

    FI and D&O Since our last update, there have been significant developments in the FI and D&O landscape. November saw the first ever UK deferred prosecution agreement (DPA) announced between the SFO and Standard Bank. The DPA process has been available but unused since 2014 so the judgment and the SFO’s comments thereafter provided some much needed guidance on what the process involved. Significantly, weight was placed on Standard Bank’s early self-reporting and cooperation.

    Filed under:
    Australia, Canada, OECD, United Kingdom, USA, Delaware, Capital Markets, Insolvency & Restructuring, Insurance, IT & Data Protection, Litigation, Planning, White Collar Crime, Clyde & Co LLP, Financial Conduct Authority (UK)
    Location:
    Australia, Canada, OECD, United Kingdom, USA
    Firm:
    Clyde & Co LLP

    Pagination

    • First page « First
    • Previous page ‹‹
    • …
    • Page 65
    • Page 66
    • Page 67
    • Page 68
    • Current page 69
    • Page 70
    • Page 71
    • Page 72
    • Page 73
    • …
    • 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