In UK venture deals, investors often negotiate the right to appoint a director to the company’s board (as a rule of thumb, an investor with 5% to 10% or more of the company might ask for board rights). On paper, it makes sense, giving a seat at the table, direct access to management, and visibility on key decisions. But before taking that seat, we often advise investors to ask themselves: is it worth the hassle?
On 3 September 2025, the Court of Appeal handed down judgment in East Riding of Yorkshire Council v KMG SICAV-SIF-GB Strategic Land Fund [2025] EWCA Civ 1137, confirming that a “dedicated fund” of a Luxembourg specialised investment company was not an “unregistered company” within the meaning of section 220 of the Insolvency Act 1986 (the “Act”), and therefore could not be wound up by the court under section 221 of the Act.
On 3 September 2025, the Court of Appeal handed down judgment in East Riding of Yorkshire Council v KMG SICAV-SIF-GB Strategic Land Fund [2025] EWCA Civ 1137, confirming that a “dedicated fund” of a Luxembourg specialised investment company was not an “unregistered company” within the meaning of section 220 of the Insolvency Act 1986 (the “Act”), and therefore could not be wound up by the court under section 221 of the Act.
In a landmark judgment in the matter of Mansi Brar Fernandes vs Shubha Sharma and others delivered in September 2025, the Hon’ble Supreme Court of India reaffirmed the constitutional right to shelter as a fundamental right under Article 21 of the Indian Constitution.
Introduction
In Singapore, judicial managers ("JMs") appointed over a company are empowered to conduct a range of acts relating to the company's business. However, JMs face removal if they fail to adhere to the legislative framework on judicial management. In Tay Lak Khoon v Tan Wei Cheong [2025] SGCA 41, the Singapore Court of Appeal ("CA") set out the applicable test for when a JM may be removed for cause. In particular, the CA considered whether a JM may be removed for a decision based on legal advice.
2025년 9월 12일, 중국 전국인민대표대회 상무위원회에 <기업파산법>의 개정안, 즉 <기업파산법(의견수렴안)>(이하 “<개정 초안>”)이 제출되었고, 2025. 10. 11.까지 의견 수렴 절차를 거쳤습니다. <개정 초안>은 2007년 <기업파산법>이 시행된 이후 약 18년 만에 이루어지는 전면 개정으로, 총 16장 216조로 구성되어 있습니다. 이번 개정은 파산제도의 실무적 효율성을 높이고, 개인 주주까지 절차의 범위를 확장하며, 경영진의 책임을 강화하는 데 중점을 두었습니다.
과거에는 중국에서 외상투자기업이 파산 절차를 활용하는 것이 현실적으로 어려웠습니다. 그러나 2018년 일반 외상투자기업의 파산에 대한 사전 승인 제도가 취소됨에 따라 외상투자기업의 파산 사례가 점차 증가하고 있습니다. 최근 매각이 어려운 기업의 경우 중국 시장에서의 철수를 모색하는 방안 중 하나로 파산 절차가 활용되고있습니다. 이번 개정은 중국 내에서 사업을 영위하거나 철수를 검토 중인 외국계 기업에도 실질적인 영향을 미칠 것으로 예상됩니다.
1 China Legal Update 2025 年 10 月 27 日 レアアース規制関連の一連の輸出管理公告（第 56 号、第 57 号、第 61 号、第 62 号） 弁護士 射手矢 好雄/ 弁護士 森脇 章/ 弁護士 中川 裕茂 弁護士 若林 耕/ 中国弁護士 屠 錦寧/ 弁護士 尾関 麻帆 弁護士 横井 傑/ 弁護士 唐沢 晃平 Contents Ⅰ． Topics 最近のセミナーや論文等の情報 Ⅱ． Lawyer's Eye 中華人民共和国輸出管理法に基づくレアアース規制関連公告等の分析と日本企業への影響 日本弁護士 横井 傑 上海オフィス顧問 繆 媛媛 Ⅱ．中国法令アップデート ・国家ネットワークセキュリティインシデント報告管理弁法 ←今号の注目法令 ・仲裁法（2025 年改正）←今号の注目法令 ・公証機関マネーロンダリング防止管理弁法 ・知的財産権資産評価の更なる規範化に関する若干問題の通知 ・食品安全法（2025 年改正） ・レアアース設備及び原料副原料関連品目の一部に対する輸出管理実施にかかる決定の公 布に関する公告←今号の注目法令 ・域外関連レアアース品目に対する輸出管理実施にかかる決定の公布に関する公告←今号 の注目法令 ・中重希土類関連品目の一部に対する輸出管理実施にかかる決定の公布に関する公告←今 号の注目法令 ・レアアース関連技術に対する輸出管理
The Israeli Insolvency Law: The General Framework You’ll Need to Navigate
INTRODUCTION
How to bring a dissolved company back to life through administrative or court restoration.
When a company is dissolved or struck off the Register of Companies it ceases to exist. Property belonging to the dissolved company vests in the Crown to be disposed of. However, that is not always the end of the matter and in certain circumstances it is possible to restore a company to the Register.
Why restore a company?