The Singapore Exchange Regulation (SGX RegCo) recently launched a public consultation on its proposed enhancements to Singapore’s corporate restructuring and trading resumption frameworks. Proposed changes to the Mainboard Rules and Catalist Rules (collectively, the Listing Rules) include inclusion of a practice note to provide guidance to issuers with listed securities suspended from trading on the expectations of SGX RegCo and amendments to streamline the application process for resumption of trading for suspended issuers.

The background to this case stems from a High Court judgment in 2022, where exemplary damages were awarded against a receiver in the sum of €550,000. The damages were awarded after a receiver had taken possession of and sold certain properties without first obtaining a court order under the Land and Conveyancing Law Reform Act 2009 (the “2009 Act”).

Is an administrator of a company an "officer" of that company? The Supreme Court's answer in a recent employment judgment (with potentially broad application) was a resounding "no," which will undoubtedly reassure insolvency practitioners faced with potential criminal liability for carrying out duties conferred on an "officer" of the company.

The first quarter of the year can often be a pinch point for tenants as they assess Christmas trading and scrutinise financial results. Where profits have failed to meet expectations then a tenant may require to consider formal insolvency proceedings but how does this affect the landlord? Here we consider some of the key questions for a landlord in Scotland facing tenant insolvency.

What is the status of the tenant?

引子

将于2024年7月1日正式施行的《公司法》（以下简称“新《公司法》”）第二百三十二条对于“清算义务人”及“未及时履行清算义务责任”（以下简称“董事怠于清算责任”）进行了重大修订，无论是股份公司还是有限公司，董事都将成为法定的唯一清算义务人。该条规定的更新无疑将引发司法解释及其他配套规定的新一轮重大修改，并将再次对司法实践中本就争议颇多的怠于清算责任案件的裁判规则带来冲击。

Dans le contexte en constante évolution des lois canadiennes en matière d’insolvabilité, le regroupement de patrimoines se révèle comme un recours puissant. Bien qu’il soit rarement utilisé, il est susceptible d’entraîner des répercussions importantes pour les entités débitrices visées et leurs créanciers. C’est d’ailleurs ce que souligne une décision récente de la Cour d’appel du Manitoba, laquelle met en avant cet élément complexe, mais crucial, du droit de l’insolvabilité.

REGROUPEMENT DE PATRIMOINES

It’s no secret that the Government is looking for the UK to become a leader in the crypto market while increasing its regulation. This balancing act will become even more prevalent in the English courts over the next couple of years when it comes to restructuring and insolvency.

Introduction

In the course of bankruptcy proceedings, the disposition of property by the bankrupt is subject to a degree of control and restriction, requiring the consent or ratification of the Court. This protects the creditors from the unfair removal of property from the bankrupt's pool of assets.

Die Restrukturierung nach dem StaRUG kann unter den richtigen Voraussetzungen für Unternehmen eine sinnvolle Alternative zur außergerichtlichen Sanierung bzw. zum Insolvenzverfahren sein.

Con sentenza n. 4168 del 15 febbraio 2024, la Corte di Cassazione ha affermato che appare senz’altro idonea a giustificare l’eccezione di inadempimento e a paralizzare il diritto al compenso del professionista la condotta  antigiuridica  dell’organo  sindacale che, in un’operazione di fusione societaria che ha prodotto un rilevante danno per la società incorporante, abbia omesso di verificare la situazione patrimoniale ed economica della società che si andava ad incorporare, anche mediante richiesta di documentazione.