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    Germany: EU Directive on Insolvency Harmonization
    2026-01-19

    In brief

    Filed under:
    European Union, Germany, Insolvency & Restructuring, Baker McKenzie, ESG, Insolvency, European Commission
    Authors:
    Joachim Ponseck , Artur Swierczok , Andrea Soprano
    Location:
    European Union, Germany
    Firm:
    Baker McKenzie
    Cross border, crypto and insolvency to dominate Hong Kong courts in 2026
    2026-01-19

    2026 will see an increase in Hong Kong disputes over fraud claims, cryptocurrency and insolvency, greater judicial collaboration with mainland China, and further digital transformation of local court processes, according to the firm's Hong Kong litigation team.

    "Hong Kong commercial litigation continues to deliver landmark decisions with global impact," said the firm's Head of China and local litigator Jojo Fan.

    Filed under:
    Hong Kong, Banking, Insolvency & Restructuring, IT & Data Protection, Litigation, Herbert Smith Freehills Kramer LLP, Blockchain, Due diligence, Initial public offerings, Digital transformation, Cryptocurrency, Insolvency
    Authors:
    Jojo Fan , Paul Quinn , Rachael Shek , Truman Mak
    Location:
    Hong Kong
    Firm:
    Herbert Smith Freehills Kramer LLP
    CIRP Regulations (IBC): 7th Amendment - Disclosure of Beneficial Ownership and 32A Eligibility
    2026-01-12

    Background

    Insolvency and Bankruptcy Board of India (IBBI) on 22nd December 2025, amended the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations (CIRP Regulations) to introduce sub-regulation 3A to existing regulation 38 (Amendment).

    Filed under:
    India, Insolvency & Restructuring, Khaitan & Co, Anti-money laundering, Insolvency, Insolvency and Bankruptcy Board of India, Insolvency and Bankruptcy Code (India), National Company Law Tribunal
    Authors:
    Siddharth Srivastava , Mohit Kishore , Amritam Anand
    Location:
    India
    Firm:
    Khaitan & Co
    Singapore Restructuring & Insolvency Yearbook 2025
    2026-01-12

    © WongPartnership LLP DISCLAIMER: This update is intended for your general information only. It is not intended to be nor should it be regarded as or relied upon as legal advice. You should consult a qualified legal professional before taking any action or omitting to take action in relation to matters discussed herein. WongPartnership LLP (UEN: T08LL0003B) is a limited liability law partnership registered in Singapore under the Limited Liability Partnerships Act 2005.

    Filed under:
    Singapore, Arbitration & ADR, Insolvency & Restructuring, Litigation, WongPartnership – Restructuring & Insolvency, Blockchain, Insolvency
    Location:
    Singapore
    Firm:
    WongPartnership – Restructuring & Insolvency
    Disputes Outlook 2026: Insolvency
    2026-01-09

    For what comes next tlt.com Disputes Outlook 2026 Insolvency TLT TLT Disputes Outlook 2026 Disputes Outlook 2026 Contents 2 Contents Live issues Expanded claims against directors of insolvent companies 3 Creditor challenges outside of formal insolvency 3 Increased regulation in the private rented sector 4 Emerging trends Insolvency proceedings as a method of debt recovery 5 Contested winding up and bankruptcy petitions 5 Mid-market restructuring plans 6 Spot the risks. Plan ahead. Resolve with confidence. Disputes aren’t always avoidable, but being prepared can make all the difference.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, TLT LLP, Insolvency, HM Revenue and Customs (UK)
    Location:
    United Kingdom
    Firm:
    TLT LLP
    Alberta Court of Appeal Clarifies PPSA Priorities in Insolvency Sales
    2026-01-07

    When a professional corporation operates with equipment owned personally by its director, how do secured creditors assert priority over proceeds from a receivership sale?

    Filed under:
    Canada, Alberta, Insolvency & Restructuring, Litigation, Bennett Jones LLP, Due diligence, Insolvency, Court of Appeal of Alberta
    Authors:
    Denise D. Bright , Keely Cameron , Chyna Brown
    Location:
    Canada
    Firm:
    Bennett Jones LLP
    Public Interest and Insolvency in the UAE
    2025-12-29

    The United Arab Emirates has established a sophisticated legal framework for financial restructuring and bankruptcy, most recently embodied in Federal Decree Law No. 51 of 2023 (the Insolvency Law). The Insolvency Law is not only a technical instrument addressing debtor and creditor interests but also a legislative tool designed to protect the broader public interest and uphold public order.

    Filed under:
    United Arab Emirates, Insolvency & Restructuring, Clyde & Co LLP, Supply chain, Insolvency
    Authors:
    Sherif Maher , Hesham El Samra
    Location:
    United Arab Emirates
    Firm:
    Clyde & Co LLP
    Temporary Exemptions in Capital Loss and Insolvency Calculations Extended to 1 January 2027
    2025-12-29

    Pursuant to the amendment published in the Official Gazette dated 10 December 2025, No. 33103, the wording “1/1/2026” in Temporary Article 1 of the Communiqué on the Procedures and Principles Regarding the Implementation of Article 376 of the Turkish Commercial Code (the “Communiqué”) has been replaced with “1/1/2027”, and the amendment entered into force on the date of its publication.

    Filed under:
    Turkey, Insolvency & Restructuring, CMS, Insolvency
    Authors:
    Döne Yalçin , Hülya Kemahlı
    Location:
    Turkey
    Firm:
    CMS
    Should Proofs of Debt be Rejected Simply Because of Complexity or Parallel or Overlapping Claims Across Different Insolvent Estates?
    2025-12-29

    The answer is “no”, following a recent decision by the General Division of the High Court of Singapore (Court) which provides welcome guidance on the admission of proofs of debt.

    Filed under:
    Singapore, Insolvency & Restructuring, Litigation, WongPartnership – Restructuring & Insolvency, Insolvency
    Authors:
    Wendy LIN , G Kiran
    Location:
    Singapore
    Firm:
    WongPartnership – Restructuring & Insolvency
    Can screenshots be used as evidence of invoice delivery in Hungarian Insolvency proceedings?
    2025-12-19

    It is a recurring practical issue in insolvency proceedings how the creditor may prove that an invoice was duly communicated to the debtor. In a recent decision, the Hungarian court examined if screenshots taken from an electronic invoicing system suffice to prove delivery and awareness of an invoice, in the absence of traditional postal proof. In our article we analyse the decision.

    1. Facts of the case

    Filed under:
    Hungary, Insolvency & Restructuring, Litigation, SMARTLEGAL Schmidt & Partners, Liquidation, Insolvency
    Authors:
    Peter Gritta
    Location:
    Hungary
    Firm:
    SMARTLEGAL Schmidt & Partners

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