1．【インド】インド倒産法における倒産申立ての制限措置の終了
ASIA & EMERGING COUNTRIES LEGAL UPDATE の 2020 年 11 月号のニュースレター（下記リンク先参照） でお知らせしたとおり、インドでは、新型コロナウイルスの感染拡大と、それに伴う企業の業績悪化への対策の１つ として、インドの倒産法である Insolvency and Bankruptcy Code, 2016（以下「インド倒産法」という。）に基づく倒 産申立てが、2020 年 3 月 25 日からの 6 か月の間（すなわち、2020 年 9 月 25 日まで）の間、制限（停止）さ れており、またその後、インド企業省により、制限（停止）期間が 2020 年 12 月 25 日まで延長されていた。 https://www.amt law.com/publications/detail/publication_0022372_ja_001
Third-party releases, particularly releases of non-debtor affiliated guarantors, are commonly a critical feature of a successful cross-border restructuring. In U.S. restructurings, where New York law typically governs the arrangements among a borrower, its lenders/noteholders and its guarantors, the restructuring or release of the primary obligor does not, without more, result in the restructuring or release of the guarantors’ obligations in respect of the guarantees. For this reason, in U.S.
The Court of Appeal has struck out Quincecare duty and dishonest assistance claims brought by the liquidators of a company operating a Ponzi scheme against a correspondent bank that operated various accounts for the company.
A three-judge Bench of the Supreme Court (SC), by a common judgement in Asset Reconstruction Company (India) Limited vs. Bishal Jaiswal (15 April 2020, Civil Appeal No 323 of 2021) and related matters, has held that the for the purposes of Insolvency and Bankruptcy Code, 2016 (IBC), balance sheet entries could constitute an acknowledgment of debt under Section 18 of the Limitation Act, 1963 (Limitation Act).
On April 25, 2021, Secure Home Holdings LLC and various affiliates, which provide home security services and smart home automation to residential and small business customers, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10745). The company reports $100 million to $500 million in both assets liabilities.
On April 24, 2021, New York-based beachwear retailer L&L Wings, Inc., which operates 26 stores in the Carolinas, Florida, Texas and California, filed a petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the Southern District of New York (Case No. 21-10795).
On April 24, 2021, Augustus Intelligence Inc., a New York based AI systems developer, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-10744). The company reports $10 million to $50 million in assets and $1 million to $10 million in liabilities.
In a March 2021 decision in the jointly administered bankruptcy cases of Fencepost Productions, Inc. and certain of its affiliates, Judge Dale L.
Almost a year has now passed since the Corporate Insolvency and Governance Act 2020 (CIGA) first entered force on 26 June 2020. According to the Explanatory Notes that accompanied CIGA, “the overarching objective of [the Act] is to provide businesses with the flexibility and breathing space they need to continue trading during this difficult time”. To this end, CIGA introduces a number of permanent and temporary amendments to the UK’s insolvency landscape which are aimed at ensuring businesses can maximise their chances of survival against the backdrop of the COVID-19 pandemic.
- A veszélyhelyzeti jogalkotás részeként a napokban kihirdetésre került egy több rendeletből álló jogszabálycsomag[1], amelynek egyik fő eleme a veszélyhelyzet során a vállalkozások reorganizációjáról szóló 179/2021. (IV. 16.) Korm. rendelet („Reorganizációs Rendelet”).