This matter involved the former director and former accountant of CGS Constructions (QLD) Pty Ltd filing proceedings seeking an injunction to restrain the Liquidators from engaging Cornwalls Lawyers to act on the basis that:
- Cornwalls also acted for a substantial creditor, Union Share Pty Ltd; and
- the Liquidators, by engaging Cornwalls, had manifested a tendency to favour certain interests at the expense of others.
Background
In the matter of Squirrel Limited (In Liquidation), the Court considered an application for summary judgement against a director for insolvent trading. In doing so, the Court considered the principles underpinning a director’s duty to prevent insolvent trading and the compensation payable as a result.
Background
In Re Intellicomms Pty Ltd (in liq) [2022] VSC 228, it was determined that a sale agreement was a creditor-defeating disposition within the meaning of section 588FDB of the Corporations Act 2001 (Cth) (Act) and voidable pursuant to section 588FE(6B) of the Act.
Elon Musk recently said he has a "super bad feeling" about the economy, pithily declaring what most financial commentators have been predicting in more technical terms.
Both the Johnson & Johnson and InfoWars bankruptcies are filed to address tort lawsuits.
Johnson & Johnson’s bankruptcy survives a motions to dismiss.[Fn. 1] InfoWars’ bankruptcy doesn’t.[Fn. 2]
What follows is an effort to compare and contrast the two cases, revealing why one survives and the other doesn’t.
The Businesses
–Johnson & Johnson
On 28 June 2022 the Insolvency Service published a report it had commissioned from RSM UK to assess the impact that CVAs were having on commercial landlords (the “Report”).
In deze Kroniek wordt een selectie van de tussen mei 2021 en mei 2022 door de Hoge Raad gewezen arresten besproken. Daarbij komen onder meer uitspraken op het gebied van beroeps- en bestuurdersaansprakelijkheid, productaansprakelijkheid en werkgeversaansprakelijkheid aan de orde.
Recientes resoluciones judiciales han puesto en el foco la problemática aprobación judicial de una liquidación societaria cuando existe una situación de bloqueo por parte de alguno de los socios que impide adoptar acuerdos. Analizamos, a continuación, lo que han dicho los tribunales sobre los acuerdos sociales negativos y su posible impugnabilidad.
(SJM nº 13 de Madrid de 23 de marzo de 2021 y SAP de La Coruña de 1 de abril de 2022)
Background
Fonte: Uol
A Justiça trabalhista de Minas Gerais concedeu decisão favorável ao Cruzeiro SAF para livra-la da cobrança direta de uma dívida do clube. Houve o entendimento judicial que a Lei das SAF se tornaria “inútil” se o clube-empresa pudesse ser alvo de todas as ações por débitos da associação.