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    Kwartaalupdate Bestuurdersaansprakelijkheid Q1 2023
    2023-04-12

    Introductie

    In het eerste kwartaal van 2023 zijn op www.rechtspraak.nl verschillende uitspraken gepubliceerd waarin de ingestelde vordering gegrond was op bestuurdersaansprakelijkheid.

    In deze Kwartaalupdate Bestuurdersaansprakelijkheid voor Q1 2023 is een selectie gemaakt uit deze uitspraken. De navolgende onderwerpen komen aan bod:

    01. Feitelijk bestuurder wanneer is sprake van `terzijde stellen van het bestuur'? (Hoge Raad 24 maart 2023) 2

    02. Schending boekhoudplicht, niet slechts bij ontbreken van administratie (Gerechtshof 's-Hertogenbosch 10 januari 2023)5

    Filed under:
    Netherlands, Company & Commercial, Insolvency & Restructuring, Litigation, Ploum, Bankruptcy
    Location:
    Netherlands
    Firm:
    Ploum
    Innocent Business Partner’s Fraud Liability Survives Bankruptcy
    2023-04-12

    Sometimes a debtor is liable for fraud that she did not personally commit,” held the U.S. Supreme Court on Feb. 22, 2023, when the debtor’s business partner had deceptively obtained money by fraud, thereby making the innocent partner liable for a nondischargeable debt under Bankruptcy Code (Code) §523(a)(2)(A) (“any debt from money “obtained by … fraud” not dischargeable and survives debtor’s bankruptcy). Bartenwerfer v. Buckley, 2023 WL 2144417 (Feb. 22, 2023).

    Filed under:
    USA, Company & Commercial, Insolvency & Restructuring, Litigation, White Collar Crime, Schulte Roth & Zabel LLP, Bankruptcy, Fraud, Supreme Court of the United States
    Authors:
    Michael L. Cook
    Location:
    USA
    Firm:
    Schulte Roth & Zabel LLP
    Media Release: R&I activity strong as stormy seas tip companies from Black to Red
    2023-04-05

    Current economic conditions and market instability are likely to see more Australian companies fall into distress in 2023 — creating both opportunities for proactive restructuring as well as distressed asset sales.

    That's one of the predictions in this year's edition of From Red to Black, Clayton Utz's annual review of the dynamics of Australia's Restructuring and Insolvency (R&I) market.

    Filed under:
    Australia, Company & Commercial, Insolvency & Restructuring, Clayton Utz, ESG, Insolvency
    Location:
    Australia
    Firm:
    Clayton Utz
    Im Handelsregister nichts Neues - Gläubigerschutz!
    2023-04-05

    OLG Schleswig, Beschluss v. 21.02.2023 – 2 Wx 50/22

    Bei Eintragung einer neu gegründeten GmbH wird insbesondere auf die Einhaltung gläubigerschützender Vorschriften geachtet. So auch bei der Offenlegung des Gründungsaufwands, der Gesamtbetrag sowie die einzelnen Posten sind in der Satzung anzugeben.

    Sachverhalt

    Filed under:
    Germany, Company & Commercial, Insolvency & Restructuring, Litigation, Advant Beiten, Limited liability company, Articles of association
    Authors:
    Simone Schmatz
    Location:
    Germany
    Firm:
    Advant Beiten
    EU (Preventative Restructuring) Regulations 2022 - Directors Duties & Insolvency
    2023-04-05

    The European Union (Preventative Restructuring) Regulations 2022 (the “Restructuring Regulations”) were introduced on 27 July 2022 with immediate effect.

    You can read our overview of the regulations, specifically the changes they impose on the examinership process and a short overview of the changes imposed on the Companies Act 2014, here.

    Filed under:
    European Union, Company & Commercial, Insolvency & Restructuring, Lavelle Partners LLP, Insolvency
    Authors:
    Odhran Banim
    Location:
    European Union
    Firm:
    Lavelle Partners LLP
    破産管財人による債務の承認と消滅時効の関係 ―別除権者との交渉過程等での債務承認に 消滅時効の中断の効力を認めた最新判例―
    2023-04-09

    1 2023 年 4 月 破産管財人による債務の承認と消滅時効の関係 ―別除権者との交渉過程等での債務承認に 消滅時効の中断の効力を認めた最新判例― 弁護士 関端 広輝/ 弁護士 片山 いずみ Ⅰ.破産手続開始後における被担保債権の回収 1.破産手続における担保権の取扱い(別除権) 破産法上、破産債権(破産法 2 条 5 項。破産者に対し破産手続開始前の原因に基づいて生じた財産上の請 求権であって、財団債権に該当しないもの。)は、破産手続によらなければ権利行使ができないことが原則とされ ています(同法 100 条、42 条 1 項・同条 2 項)。つまり、破産債権を有する債権者は、基本的には、破産手続 に従って配当を受けることしかできません。しかし、その例外の 1 つとされるのが「別除権」です。 FINANCIAL RESTRUCTURING GROUP NEWSLETTER 破産手続が開始された者の所有財産に担保権が設定されている場合、担保権者は、通常、自身の 有する被担保債権について、当該担保目的物からの回収を試みることになります。 そして、破産手続において破産管財人が選任されていれば、当該担保目的物の処遇や被担保債権 の回収に関し、担保権者が問い合わせや交渉等を行う相手は、当該破産管財人となります。

    Filed under:
    Japan, Company & Commercial, Insolvency & Restructuring, Litigation, Anderson Mōri & Tomotsune
    Location:
    Japan
    Firm:
    Anderson Mōri & Tomotsune
    Distressed Startups: A Bankruptcy Lawyer’s Perspective
    2023-04-05

    Turmoil in the tech ecosystem and escalating sentiment that a recession in the U.S. might occur in the near-term, indicate that startups, their lenders, and investors may soon confront extreme financial challenges – and will force all stakeholders in a troubled venture to consider strategic options. Distressed startups raise a unique set of legal issues that should be considered and addressed by their stakeholders in connection with any strategic transaction. Here are a few:

    Filed under:
    USA, Company & Commercial, Insolvency & Restructuring, Buchalter
    Authors:
    Julian Gurule
    Location:
    USA
    Firm:
    Buchalter
    Australia’s External Administrators Afforded Significant Latitude under IPS 90-15
    2023-04-03

    The Insolvency Practice Schedule (Corporations) (Practice Schedule) was introduced in 2015 via the Insolvency Law Reform Bill 2015. The Practice Schedule was introduced together with the Insolvency Practice Schedule (Bankruptcy) with the intention of providing specific rules to aid in the handling of personal bankruptcies and corporate external administration. 

    Filed under:
    Australia, Company & Commercial, Insolvency & Restructuring, Litigation, Squire Patton Boggs, Fintech
    Authors:
    Masi Zaki , Kate Spratt
    Location:
    Australia
    Firm:
    Squire Patton Boggs
    An unsuccessful resolution applicant has no Locus to challenge The Resolution Plan or its implementation
    2023-04-03

    Facts:

    Filed under:
    India, Company & Commercial, Insolvency & Restructuring, Clasis Law, Insolvency, National Company Law Tribunal
    Authors:
    Aniketh Nair
    Location:
    India
    Firm:
    Clasis Law
    Court of Appeal summaries (March 27, 2023 - March 31, 2023)
    2023-03-31

    Following are this week’s summaries of the civil decisions of Court of Appeal for Ontario for the week of March 27 to 31, 2023. There were only two substantive decisions. One was a commercial leasing matter, and the other was a receivership matter.

    Table of Contents

    Civil Decisions

    Jagtoo & Jagtoo, Professional Corporation v. Grandfield Homes Holdings Limited, 2023 ONCA 214

    Filed under:
    Canada, Ontario, Company & Commercial, Insolvency & Restructuring, Litigation, Real Estate, Blaney McMurtry LLP, Bankruptcy, Coronavirus, Bank of Nova Scotia
    Authors:
    John Polyzogopoulos
    Location:
    Canada
    Firm:
    Blaney McMurtry LLP

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