Background
SUMMARY
The UK government recently introduced legislation implementing changes to the special administration regime for regulated water companies (“WISAR”). The changes are designed to modernise the WISAR and to better align it with the special administration regimes for other systemically important sectors like energy supplies and investment banks.
随着社会发展与商业模式的不断丰富，不同商事主体之间会因愈发复杂的交易往来产生繁多的债权债务关系，整体经济环境下行、转入逆周期的情况下，债务危机频频爆发，债务重组已成为债务危机化解的一种重要方式，而债务重组能否成功的关键因素取决于是否存在契合企业、债权人、投资人甚至政府或监管机关要求的重组方案，故债务重组方案的设计是债务重组的重中之重。本文结合相关项目经验，对债务重组方案设计的总体思路及流程，以及中介机构在重组方案设计时的角色作用提出探讨，以期更好地促进债务重组工作之推进。
一、重组范围
The decision in RPPS v Brookfield is the first recorded instance of s 151 of the PPSA being enforced (with a $30,000 penalty imposed for an improper registration). It serves as a caution to those making spurious registrations, but reasonably diligent and responsible parties should have no cause for alarm.
Overview of section 151 of the Personal Property Securities Act 2009
Insolvency Now Business Insolvencies in Canada Hit a Record Post-Pandemic High in 2023 Issue 10
Introduction
The proud sporting nations of Ireland and England have for some time traded blows and bragging rights within the Six Nations Tournament as the two pre-eminent and consistent "Home Nations" rugby teams. While the two sides share some similarities in the rebuilding process following the World Cup in France 2023, ahead of this Saturday's clash, few can argue with Ireland's emphatic start to this year's tournament. England, however, can never be written off at Twickenham, so a potential blockbuster awaits!
Introduction
In a proceeding brought by Mr Curran, in his capacity as the trustee for June Ellen Investment Trust (Plaintiff), to wind up Fitzgerald Housing Limited (formerly known as Kay Fitzgerald Housing Charity Limited) (Defendant), the New South Wales Supreme Court considered whether it was necessary to adjourn the winding up proceeding to allow the Defendant to advance a small business restructuring process (Restructuring).
The decision in RPPS v Brookfield is the first recorded instance of s 151 of the PPSA being enforced (with a $30,000 penalty imposed for an improper registration). It serves as a caution to those making spurious registrations, but reasonably diligent and responsible parties should have no cause for alarm.
国有企业重组是指通过收购、划转、合并、分立、资产剥离、混改（包括科改）等方式，对国有企业进行重新组织，以实现资源优化配置、企业整体竞争力提升的效果。其中，公司分立是一种常见的重组模式，多适用于分拆上市、解决同业竞争、突出主营业务等场景。笔者结合近期项目经验，就国有企业以分立方式实施重组所涉及的相关法律问题进行探讨。
一、公司分立的基本流程及国企分立特别程序
根据《关于做好公司合并分立登记支持企业兼并重组的意见》（工商企字〔2011〕226号）第二条[1]，公司分立是一个公司分成两个或两个以上的公司，包括存续分立和新设分立两种形式。存续分立是一个公司分立成两个以上公司，本公司继续存续，同时设立一个及以上新的公司。新设分立是一个公司分立为两个及以上新的公司，本公司解散。无论采用哪种形式的分立，公司分立前的债务均由分立后的公司承担连带责任。公司分立的常规流程包括制定分立方案、通过分立决议、编制资产负债表和财产清单、签订分立协议、公告及通知债权人及办理公司分立登记。将于2024年7月1日施行的新修订《公司法》增加了“国家企业信用信息公示系统”作为公告的平台（不再仅限于登报公告），其余关于分立的规定并无实质性变化。