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
    Insolvency in shipping
    2009-09-17

    The shipping industry was arguably one of the hardest hit by the downturn that spread around the world late last year. The severe shipping slump, evidenced by a 93.5 per cent fall in the Baltic Dry Index between the summer of 2008 and December 2008, inevitably led to insolvencies of shipping companies across the globe1. This article briefly considers the unique challenges that insolvency practitioners face when balancing insolvency procedures against the application of maritime law.

    Filed under:
    Global, Insolvency & Restructuring, Shipping & Transport, Norton Rose Fulbright, Bankruptcy, Debtor, Unsecured debt, Liquidator (law), In rem jurisdiction, UNCITRAL
    Location:
    Global
    Firm:
    Norton Rose Fulbright
    Law on CCAA asset sales clarified in Nortel proceedings
    2009-08-12

    The highly publicized announcement by Nortel Networks Corporation (together with its subsidiaries and affiliates, “Nortel”) of its intention to sell certain of its businesses has provided an opportunity for the Ontario Superior Court of Justice to settle the state of the law in Ontario (and, hopefully, across Canada) on the sale of all or substantially all of an entity’s assets within a Companies’ Creditors Arrangement Act (“CCAA”) proceedings.

    Filed under:
    Canada, Corporate Finance/M&A, Insolvency & Restructuring, Litigation, Telecoms, Norton Rose Fulbright, Bankruptcy, Debtor, Good faith, Business judgement rule, Subsidiary, Companies' Creditors Arrangement Act 1933 (Canada), United States bankruptcy court, US District Court for District of Delaware, Ontario Superior Court of Justice
    Authors:
    Evan Cobb
    Location:
    Canada
    Firm:
    Norton Rose Fulbright Canada LLP
    Australian court opens door to Chapter 11
    2014-08-12

    Introduction

    Filed under:
    Australia, USA, Insolvency & Restructuring, Litigation, Norton Rose Fulbright, Debtor, Australian Securities Exchange
    Location:
    Australia, USA
    Firm:
    Norton Rose Fulbright Australia
    Important cross-border enforcement decision by the New York courts
    2009-08-10

    Summary

    Filed under:
    USA, New York, Insolvency & Restructuring, Litigation, Norton Rose Fulbright, Debtor, Interest, Debt, Personal property, Subsidiary, Forum shopping
    Authors:
    Charles Evans , Roger Heward , Philip Roche
    Location:
    USA
    Firm:
    Norton Rose Fulbright
    Upcoming changes to French insolvency law
    2014-05-14

    Introduction

    The ongoing financial crisis has not left France untouched. The number of company insolvencies rose considerably in 2013: while judicial rehabilitation proceedings remained stable, liquidation proceedings increased by 4% from 2012, and “safeguard” proceedings (a procedure inspired by “Chapter 11” proceedings in the United States) increased by 9%. Pre-insolvency proceedings such as judicially-supervised conciliation and ad hoc mediation reached an all-time high, 24% over 2012.

    Filed under:
    France, Insolvency & Restructuring, Norton Rose Fulbright, Debtor, Mediation, Liquidation
    Location:
    France
    Firm:
    Norton Rose Fulbright
    DIP financing guarantees: impediments and approvals
    2009-07-21

    Debtor-in-possession financing (“DIP financing”), which is new short-term financing obtained by an insolvent company after the commencement of an insolvency proceeding, is a recurring theme for two primary reasons. First, insolvent companies are generally desperate for an immediate infusion of cash to sustain operations. Second, creditors will usually provide such financing only on a super-priority basis, jumping ahead of existing secured creditors of the insolvent company.

    Filed under:
    Canada, Insolvency & Restructuring, Norton Rose Fulbright, Credit (finance), Surety, Debtor, Unsecured debt, Consideration, Stakeholder (corporate), Prejudice, Companies' Creditors Arrangement Act 1933 (Canada)
    Authors:
    Evan Cobb
    Location:
    Canada
    Firm:
    Norton Rose Fulbright Canada LLP
    Fixed versus floating charges
    2014-05-02

    Fixed and floating charges – why are they important?

    They give a lender a higher position in the queue for the net proceeds of a borrower’s assets in the event of a borrower’s insolvency.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Norton Rose Fulbright, Debtor
    Location:
    United Kingdom
    Firm:
    Norton Rose Fulbright
    Surviving a restructuring and key employee retention programs
    2009-05-12

    Retention of key employees is a primary concern of any company that is seeking to survive a restructuring process as a viable operating business. The question is how to ensure that employee retention payments fairly balance the goal of retaining employees who are key to the restructuring against the financial impact on other stakeholders of the implementation of such a program. Beyond that, in the case of a cross-border restructuring, one must be aware of the difference between Canadian and US law on the issue of employee retention.  

    Filed under:
    Canada, USA, Employment & Labor, Insolvency & Restructuring, Norton Rose Fulbright, Bankruptcy, Debtor, Consumer protection, Good faith, Stakeholder (corporate)
    Authors:
    Evan Cobb
    Location:
    Canada, USA
    Firm:
    Norton Rose Fulbright Canada LLP
    Voidable transactions in insolvency
    2014-05-02

    Introduction

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, Norton Rose Fulbright, Debtor, Debt
    Authors:
    Tomas Gärdfors , Christina MacGilp , Richard Calnan
    Location:
    United Kingdom
    Firm:
    Norton Rose Fulbright
    Asia restructuring and insolvency briefing - Taiwan
    2009-01-30

    What are the options for companies in financial difficulty in Taiwan?

    If the company is listed on the Taiwan stock exchange, then the company may pursue a formal reorganisation as set forth under Article 282 of the Company Act.  

    If a listed company (as referred to above) is unable to pursue reorganisation, and in respect of all other companies, a company will enter into a formal bankruptcy procedure under the Bankruptcy Act in order to implement an equitable and orderly repayment scheme amongst its creditors.  

    Filed under:
    Insolvency & Restructuring, Norton Rose Fulbright, Share (finance), Public company, Bankruptcy, Shareholder, Debtor, Board of directors, Debt, Liquidation, Prejudice, Debt restructuring, Trustee
    Location:
    Taiwan
    Firm:
    Norton Rose Fulbright

    Pagination

    • First page « First
    • Previous page ‹‹
    • …
    • Page 563
    • Page 564
    • Page 565
    • Page 566
    • Page 567
    • Page 568
    • Page 569
    • Current page 570
    • Page 571
    • 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