Continua l’appuntamento con lo studio di Francesco Calabria sulla liquidazione dei fondi immobiliari. Nel quarto approfondimento, Francesco illustra il rapporto tra liquidazione e tipi di fondi.
Germany's major legal reform aiming to facilitate group insolvencies comes into effect on April 21, 2018 (full German text). The new law allows insolvency proceedings over companies within a corporate group to be concentrated at a single German insolvency court and/or to be administered by one insolvency administrator.
The increase in the availability of alternate capital in Australia over the past decade has provided a landscape for well-tested global restructuring techniques to be applied locally. This includes 'loan to own' strategies.
Political and economic uncertainty in the aftermath of the referendum result in the UK has dampened sentiment on the high street and hit consumer confidence.
According to the National Institute of Economic and Research, there is an "even" chance of Britain falling into recession by the end of next year and the Bank of England has significantly reduced its growth forecast for 2017.
The Ministry of Justice is consulting on a revised draft Pre-action Protocol for Debt Claims (Debt Protocol) after an earlier version was lambasted by representatives of the credit industry as being totally disproportionate. The new version attempts to strike a more proportionate balance between the needs of creditors, debtors and debt advisors.
Gaining access to development land in the PRC has often been linked to government connections and dubious business practices. However, a number of investigations into the allegedly corrupt activities of high-level real estate executives in China have recently taken place.
Bankruptcy Code protects certain Ponzi scheme payments. The trustee for debtor Bernard L. Madoff Investment Securities (BLMIS) sued to avoid fictitious profits paid by BLMIS to hundreds of customers over the life of the Madoff Ponzi scheme. The defendant customers moved to dismiss certain of these avoidance claims pursuant to 11 USC Sec. 546(e), which shields from recovery securities-related payments made by a stockbroker. The trial court agreed that Sec. 546(e) barred the claims, dismissing them, and the Second Circuit affirmed.
We are experiencing a quiet restructuring market and relatively high corporate survival rates at a time when historical trends would suggest a period of increasing insolvency activity.
A Creditor registered his claim into insolvency proceedings against the debtor within 30 days of the publication of the resolution on the debtor's bankruptcy in the insolvency register. The Creditor´s insolvency application regarding the claim was refused by the insolvency court because the resolution on the debtor´s bankruptcy had been previously published in the file of the debtor’s spouse’s insolvency proceedings.
2022. július 1. napján lép hatályba az új szerkezetátalakítási törvény, amely megoldást nyújthat a fizetésképtelenség határára sodródott vállalkozások pénzügyi nehézségeinek korai kezelésére, talpra állításuk ösztönzésére, valamint fizetőképességük helyreállítására. Az új, fizetésképtelenséget megelőző szerkezetátalakítási eljárás leginkább a csődeljárás alternatívája lehet; ebben az esetben azonban az adós alapvetően maga döntheti el, hogy mely hitelezőivel tárgyal és kiket von be a folyamatba.