许多企业在生产经营过程中,将名下特定财产出租收取租金的同时,也在该特定财产上设定抵押以增加融资渠道。这类企业进入破产程序后,抵押权人虽仍对该特定财产享有优先受偿权,但受到漫长冗杂的破产程序影响,抵押权人权利的实现或多或少会受到一定程度的限制或拖延。而与此同时,特定财产在企业进入破产程序后可能仍在继续产生租金、占用费等法定孳息。抵押权人能否享有并以何种形式享有这部分法定孳息呢?这一问题既关系到抵押权人权利的保护,也关系到全体债权人的公平受偿,有必要进行深入研究,本文的探讨即由此展开。
一、问题的提出之实践案例场景
情景一:【债务人以自有财产提供抵押,债务人进入破产程序】甲公司向乙公司借款,同时作为担保,甲公司将其所有的大楼抵押给了乙公司;日常经营中,甲公司将大楼出租并收取租金。随后,乙公司因甲公司逾期还款起诉甲公司并申请法院对大楼采取了保全措施;最终,甲公司因无法清偿到期债务进入破产程序,管理人接管后,决定对大楼的租赁合同继续履行。甲公司进入破产程序后,乙公司及时向管理人申报了债权并说明了债权的担保情况,最终,人民法院裁定确认乙公司系甲公司的有财产担保债权人。
The Hong Kong court has granted an order forcing an uncooperative former director of a Hong Kong listed company to ratify the appointment of a Hong Kong liquidator as the sole director of the companies' four BVI subsidiaries. The court rejected the idea that the liquidators should be made to apply for fresh winding up orders in the BVI and stressed that courts should be ready to offer each other mutual assistance.
Il decreto-legge 13 giugno 2023, n. 69 (in Gazzetta Ufficiale – Serie generale – n. 136 del 13 giugno 2023), coordinato con la legge di conversione 10 agosto 2023, n. 103 recante: «Disposizioni urgenti per l’attuazione di obblighi derivanti da atti dell’Unione europea e da procedure di infrazione e pre-infrazione pendenti nei confronti dello Stato italiano» ha introdotto alcune modifiche alla disciplina della crisi d’impresa
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Un regime transitorio
Recently, in the case of Vivek Khanna vs. OYO Apartments Investments LLP1, the Delhi High Court dismissed a petition filed under Section 34 of the Arbitration and Conciliation Act, 1996 (“A&C Act“), by way of which, Mr. Vivek Khanna (the “Petitioner“) assailed the award dated March 31, 2023 (the “ImpugnedAward“) passed by the arbitral tribunal comprising of a sole arbitrator.
Introduction
www.ploum.nl Kwartaalupdate Bestuurdersaansprakelijkheid Q3 2023 1 START IT UP! Introductie Auteurs: Thomas Munnik en Annerieke Meerkerk In het derde kwartaal van 2023 zijn op www.rechtspraak.nl verschillende uitspraken gepubliceerd waarin de ingestelde vordering gegrond was op bestuurdersaansprakelijkheid. In deze Kwartaalupdate Bestuurdersaansprakelijkheid voor Q3 2023 is een selectie gemaakt uit deze uitspraken. De navolgende onderwerpen komen aan bod: 01. Bestuurder aansprakelijk vanwege onjuiste mededelingen? (Gerechtshof Arnhem-Leeuwarden 5 september 2023) 2 02.
In Short:
The Situation: After the nationalization of the Dutch SNS banking and insurance group, the Dutch Minister of Finance offered zero compensation to expropriated bondholders.
The Result: Ten years after the nationalization, the Dutch Supreme Court confirmed compensation awards totaling approximately €1 billion including accrued interest.
Looking Ahead: The SNS case provides some interesting lessons on where those seeking compensation in the context of bank bailouts and resolutions may head.
Snippet series
What is the impact on the double Luxco and the Luxembourg share pledges?
Luxembourg bolsters its position for the structurings of international investments with the introduction of new tools for bankruptcy prevention. The existing and new financial collateral arrangements maintain their bankruptcy insolvency proceedings remote status, preserving the benefit and popularity of the double Luxco structure and the related enforcement of Luxembourg share security.
In a recent case involving Mantle Materials Group, Ltd. (2023 ABKB 488, “Mantle“), the intersection of environmental obligations and insolvency law in Canada has again come into sharp focus.
Recent expressions of concern about courts mandating mediation reminded me of a mandated mediation process that worked well: the City of Detroit bankruptcy.
An illustration of the success of mandated mediation in the Detroit case is this line:
The Bankruptcy Judge“put an end to the public bickering over the water deal by ordering the parties into confidential mediation.”