根据英国最高法院 2022 年底 Sequana1 的判决 ,新西兰最高法院在涉及 Mainzeal Property and Construction Limited2清算财产的长期案件中,对破产区公司董事所承担的义务问题进行了权衡及作出有力贡献。
当世界各地的董事们正努力应对各种宏观经济因素带来的困难和不确定时期时,这些决策为董事们应采取哪些保护自己及公司的方法提供了有用且及时的指导。
这可能意味着听取有关停止交易的建议,尝试签订重组支持协议或任命官员提供协助。在开曼群岛,新的重组支持官员制度提供了一个有用的体系,为董事提供休整期,以便在适当的情况下促进和实施可行的计划。
Mainzeal 的最新决定再次提醒大家,公司董事未能采纳建议和采取适当行动可能会导致严重后果。
Mainzeal 决定
Laurus Group Pty Ltd (admin apptd) v Mitsui & Co. (Australia) Ltd (No 2) [2023] VSC 412
INTRODUCTION AND PROCEEDINGS
Executive Summary
Aktuelle Rspr. des BGH zur Hinweis- und Warnpflicht eines Rechtsberaters bei möglichem Insolvenzgrund.
How close is too close? The answer to this question can have dire implications for people and companies involved in the cannabis industry who wish to seek bankruptcy protection.
In a report which was made public in May 2023, the IMF reviewed its 2023 GDP growth predictions for Portugal at 2.6%. This is just after it had predicted a growth rate of 1% in April (in itself, a leap from the projections made in October 2022 which set growth at 0.7%). According to public sources, these predictions are based on an analysis of the country's economic performance in 2022 and the first quarter of 2023.
In a recent decision, Bruce v. Citigroup, Inc., et al., the United States Court of Appeals for the Second Circuit clarified the limits of bankruptcy court jurisdiction over class actions. Specifically, the court rejected a bankruptcy court’s ruling that allowed a plaintiff’s nationwide class action to survive Defendant Citibank, N.A.’s (“Citi”) motion to dismiss and strike class allegations.
Market volatility in international trade and commodities invariably results in trade defaults. As a hub for international trading companies, Singapore has seen its fair share of insolvencies and restructuring in the past few years as a section of traders felt the effects of the pandemic, the oil crash and over leveraging on unprecedented levels of liquidity.
Only a year ago, Slovakia transposed EU Directive 2019/2023 on preventive restructuring frameworks with an intention to reform insolvency proceedings and make them more effective.
In an appeal involving a Chapter 12 bankruptcy, the U.S. Court of Appeals for the Eighth Circuit recently affirmed that the borrower’s use of the 20-year treasury bond rate sufficiently ensured that the total present value of future payments to the lender over the plan period equaled or exceeded the allowed value of the claim.
A copy of the opinion in Farm Credit Services of America v. William Topp is available at: Link to Opinion.