If a building contractor becomes insolvent, but the build is covered by an NHBC Buildmark warranty providing insolvency cover, when does time start to run for the insured to start proceedings against an insurer who fails to pay a claim?
The Technology and Construction Court (TCC) has recently considered this question in the context of an application for summary judgment made by the NHBC, in Peabody Trust v National House-Building Council [2024].
The perspective of a landlord
In brief
A tenant's insolvency hits landlords particularly hard. Existing rental securities (e.g., rent deposit, landlord's lien) cannot always cushion the loss of rent and operating costs. Especially in times of the current energy crisis and rising costs, this issue is becoming increasingly explosive. This is demonstrated by the numerous insolvencies in the fashion retail sector, such as Galeria, Peek & Cloppenburg, KaDeWe and Esprit. High rents are often of the main reasons for insolvency.
https://www.rhtlawcambodia.com/ 01/06 MONTHLY LEGAL UPDATE AUGUST 2024 I. OVERVIEW In August 2024, the Royal Government of Cambodia (“RGC”) continued to develop the country’s business regulatory environment. Below are some key regulations to be highlighted in this Monthly Legal Update: Sub-decree No. 194 on the Organization and Functioning of the National Committee on Trade Remedies; Prakas No. 044 on Rules and Guidelines for Reinsurance; Prakas No. 525 on the Abrogation of Prakas No.
Unregistered and time-barred foreign judgments can found the basis of insolvency proceedings in England
The English High Court has ruled that unregistered and time-barred foreign judgments can found the basis of insolvency proceedings in England.
The threat of insolvency proceedings can be a strong form of leverage to obtain a successful outcome on enforcement of a judgment debt, as judgment debtors will often pay up when faced with the prospect of being found insolvent.
Foreign money judgments
前情回顾
2024年3月30日，湖南省法学会知识产权法学研究会和知产财经在长沙联合举办“知识产权恶意诉讼的司法规制”研讨会，共同探讨和研究企业遭遇的知识产权恶意诉讼困境及解决之道，以期为行业良性有序发展贡献力量。会上，万慧达知识产权合伙人明星楠围绕“打击恶意诉讼需关注为祸之源”话题进行主题演讲，知产财经对其主讲内容进行了整理，以飨读者。
讲稿分享
Recently, the High Court of Delhi, reinforced the application of Section 32A of the Insolvency and Bankruptcy Code, 2016 (“IBC“). Section 32A of the IBC states that the liability of a corporate debtor (“CD“) for an offence committed prior to commencement of the corporate insolvency resolution process (“CIRP”) shall cease and the CD shall not be prosecuted for such an offence from the date the resolution plan (“Plan“) has been approved by the adjudicating authority (“AA”).
An appeals court has issued an insightful decision on the availability of damages when an involuntary bankruptcy petition is filed in bad faith. See Stursberg v. Morrison Sund PLLC, No. 23-1186, 2024 U.S. App. LEXIS 20286 (8th Cir. Aug. 13, 2024).
The decision addresses both the interplay between Bankruptcy Code sections 303 and 305 and federal preemption of state law.
Re Touradji Private Equity Master Fund Ltd において、ケイマン諸島大法廷は、任意清算中の3つのファンドについて、被害を受けた一部の投資家と共同任意清算人による申請に基づき、投資マネージャーの異議を棄却して、監督命令を下しました。
この決定は、裁判所が当該申請について適用する審査基準の指針を示し、会社法（Companies Act）第131条(b)に基づいて任意清算を公的清算に転換することが効果的、経済的、迅速的であると裁判所が考える各種の事例を示しています。
監督命令に適用される審査基準
監督命令とは、裁判所が、任意清算中の会社について、破産管理人としての資格を保有している複数名の者を公的清算人として選任することを含む命令をいいます[1]。この命令は、会社が裁判所によって清算されたかのような効果を有します[2]。すなわち、監督命令が下されると、清算人の権限が拡大され、任意清算中に行使できていた会社株主の残存権限は排斥されます[3]。
会社法においては、裁判所が任意清算について監督命令を下す条件がいくつが規定されており、これには以下の各場合が含まれます。
引言
在市场经济体系中，企业破产不仅是市场自然选择和资源优化配置的体现，也是法治化解决企业深层次矛盾、促进产业结构调整和新旧动能转换的重要途径。破产程序的实施，是一个涉及多方面法律问题的复杂过程，它涉及对债务人资产的评估与处置、以有限的偿债资源对各类债权按照顺位安排统一清偿、终止或维持债务人企业经营等一系列问题。这些法律问题的有效解决，是破产程序能否顺利进行的基础。破产实践中，破产涉税问题实际极其复杂，破产程序常因未充分考虑、预计破产涉税问题而导致债权人的合法权益遭受无端的损害，甚至可能对债务人、重整投资人等利益相关方产生不利影响，甚至埋下法律风险的隐患。
事实上，破产程序并不仅仅意味着处理资产和负债的问题，妥善处理破产涉税问题亦是破产程序的关键环节之一。本文将从破产和税务的双重视角，对企业破产程序中的税务问题进行综合分析。我们将探讨破产清算、和解与重整等不同程序中涉税事项的法律性质及其影响，并提供破产程序中税务处理的策略和建议，以期为相关利益方提供全面、深入的指导。