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    Holding the black bag: Personal health information and bankruptcy proceedings
    2016-02-10

    Introduction

    A recent decision of the Ontario Information and Privacy Commissioner (OPC) highlights the potentially broad application of the Personal Health Information Protection Act (PHIPA).1

    Filed under:
    Canada, Ontario, Healthcare & Life Sciences, Insolvency & Restructuring, IT & Data Protection, Litigation, Gowling WLG
    Location:
    Canada
    Firm:
    Gowling WLG
    Indoor management rule - who has authority?
    2014-09-25

    The “Indoor Management Rule” is well established in Canadian law. This common law rule holds that parties dealing with a corporation, acting in good faith and without knowledge of any irregularity, are entitled to assume that a corporation’s internal policies and proceedings have been followed and complied with. Some elements of the rule are codified in the various provincial business corporations statutes.

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Gowling WLG
    Authors:
    Kelby Carter
    Location:
    Canada
    Firm:
    Gowling WLG
    The importance of documenting shareholder loans (Ontario)
    2012-12-19

    Shareholders often overlook the need to properly document loan advances in their haste to provide funds to the company, without being aware of the significant consequences that can result.

    Filed under:
    Canada, Ontario, Banking, Insolvency & Restructuring, Litigation, Gowling WLG, Shareholder, Interest, Unsecured creditor
    Location:
    Canada
    Firm:
    Gowling WLG
    TUPE 1 Rescue Culture 0: you can't avoid TUPE with a pre pack
    2011-03-07

    The EAT's judgment

    Filed under:
    United Kingdom, Employment & Labor, Insolvency & Restructuring, Litigation, Gowling WLG, Contractual term, Bankruptcy, Debt, Liquidation, Prejudice, Transfer of Undertakings (Protection of Employment) Regulations 2006 (UK), Transfers of Undertakings Directive (2001/23/EC), Employment Appeal Tribunal
    Location:
    United Kingdom
    Firm:
    Gowling WLG
    No claim against Court Service
    2010-05-19

    We first reported on The Trustee in Bankruptcy of Louise St John Poulton v Ministry of Justice in the October 2009 banking update. In short, the Court Service had failed to give notice of a bankruptcy petition to the Chief Land Registrar. As a result, no pending action had been registered against the name of the debtor and no notice had been registered against the debtor's property.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Real Estate, Gowling WLG, Bankruptcy, Debtor, Court of Appeal of England & Wales, Trustee
    Authors:
    Ian Weatherall , Greg Standing
    Location:
    United Kingdom
    Firm:
    Gowling WLG
    Civil restraint order
    2009-06-24

    The courts have the power to and increasingly will make a civil restraint order where an individual persistently issues claims that are totally without merit.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Gowling WLG, Share (finance), Bankruptcy, Costs in English law, Interest, Vexatious litigation, Insolvency Act 1986 (UK), Trustee
    Authors:
    Greg Standing , Ian Weatherall
    Location:
    United Kingdom
    Firm:
    Gowling WLG
    Just deserts
    2008-06-19

    The court will not assist a former bankrupt to enforce his interests under an unlawful trust where the purpose of the trust initially had been to deprive the trustee in bankruptcy of the bankrupt's interest.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Gowling WLG, Bankruptcy, Fraud, Interest, Mortgage loan, Beneficial interest, Trustee
    Location:
    United Kingdom
    Firm:
    Gowling WLG
    Regulator issues first financial support direction
    2007-06-29

    Summary

    The Pensions Regulator intends to issue its first financial support direction (FSD) against the Bermudan-based Sea Containers Limited (SCL), which is currently restructuring under the US Chapter 11 bankruptcy process.

    Filed under:
    United Kingdom, Employment & Labor, Insolvency & Restructuring, Gowling WLG, Bankruptcy, Dividends, Cashflow, Defined benefit pension plan, Subsidiary, The Pensions Regulator, Trustee
    Location:
    United Kingdom
    Firm:
    Gowling WLG
    Key covid-19 considerations for your business - An update on our multi-jurisdictional overview
    2020-08-04

    Both COVID-19 itself and the severe financial impact the virus and associated lockdown has had on the UK economy, have led not only to a large number of UK businesses re-examining the contractual terms on which they do business but also to a spike in disputes. Some matters which have been prominent in current disputes, and which are therefore key considerations for business both in looking at their existing contracts and planning for the future, include the following: • What termination provisions do they have in their contracts?

    Filed under:
    Global, United Kingdom, Company & Commercial, Insolvency & Restructuring, Gowling WLG, Corporate governance, Force majeure, Coronavirus
    Location:
    Global, United Kingdom
    Firm:
    Gowling WLG
    COVID-19 : Restructuration de dette et acquisition d'entreprises ou d'actifs immobiliers en difficultés
    2020-04-08

    Un emprunteur qui, sans en avoir le droit, ne paierait pas l'échéance d'un crédit entre le 12 mars 2020 et l'expiration d'un délai d'un mois à compter de la date de cessation de l'état d'urgence sanitaire (lui-même censé durer deux mois à compter du 24 mars 2020 sauf report), pourrait arguer que la clause d'exigibilité anticipée du crédit et la clause d'intérêts de retard (une clause pénale) ne pourront produire leurs effets qu'à compter de l'expiration de cette période en application de l'ordonnance n° 2020-306 du 25 mars 2020 prise en application de la loi d'urgence n° 2020-290 du 23 mars

    Filed under:
    France, Corporate Finance/M&A, Insolvency & Restructuring, Gowling WLG
    Location:
    France
    Firm:
    Gowling WLG

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