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    Restructuring - 2025 in review and predictions for 2026
    <br>
    1969-12-31
    Filed under:
    European Union, United Kingdom, USA, Company & Commercial, Environment & Climate Change, Insolvency & Restructuring, Litigation, Freshfields, Private equity, Supply chain, ESG, Office of Foreign Assets Control (USA), Solvency II Directive (2009/138/EU), Insolvency Regulation (1346/2000) (EU)
    Authors:
    Nick Fortune , Marvin Knapp , Valentina Armaroli , Huub Boekhorst , Antoine Rueda , Kate Bennett , Saya Taneja
    Firm:
    Freshfields
    NSW Supreme Court Clarifies Director Liability and the Limits of the section 588FG Defence in Deposit-Funded Property Transactions
    2025-12-23

    The Supreme Court of New South Wales has clarified the circumstances in which a liquidator may recover deposit funds paid to a third party and the extent to which a counterparty may rely on the good-faith defence under section 588FG of the Corporations Act 2001 (Cth).

    Filed under:
    Australia, Canada, China, Hong Kong, New Zealand, Singapore, United Kingdom, USA, England, Company & Commercial, Insolvency & Restructuring, Litigation, Ironbridge Legal, Bankruptcy, Dispute resolution, Liquidation, Corporations Act 2001 (Australia)
    Authors:
    Trevor Withane
    Location:
    Australia, Canada, China, Hong Kong, New Zealand, Singapore, United Kingdom, USA
    Firm:
    Ironbridge Legal
    China Desk: Enforcing Chinese Judgments in Australia
    1969-12-31
    Filed under:
    Australia, Canada, China, Hong Kong, New Zealand, Singapore, United Kingdom, USA, England, Arbitration & ADR, Company & Commercial, Insolvency & Restructuring, Litigation, Ironbridge Legal, Dispute resolution, Enforcement of foreign judgments, ASICS
    Authors:
    Trevor Withane
    Firm:
    Ironbridge Legal
    Judicial Managers and “Due Cause”: Court of Appeal Consolidates Removal Threshold in Tay Lak Khoon v Tan Wei Cheong
    1969-12-31
    Filed under:
    Singapore, Company & Commercial, Compliance Management, Insolvency & Restructuring, Litigation, WongPartnership – Restructuring & Insolvency
    Firm:
    WongPartnership – Restructuring & Insolvency
    経営者保証ガイドラインにおける固有債権の取扱い
    2025-12-22

    1 はじめに

     会社について債権放棄を伴う私的整理や法的整理を行う 際、経営者の保証債務については経営者保証ガイドライン (以下「GL」)を利用した保証債務整理を検討するところ、保 証人である経営者が金融機関の個人ローンやクレジットカー ドローン等の個人借入を行っていたという場合があります。本 稿では、保証人個人の借入に関するGL上の取扱いをご説明 いたします1 。

    2 固有債権者のGL上の取扱い

    GLにおける対象債権者とは、「中小企業に対する金融債 権を有する金融機関等であって、現に経営者に対して保証 債権を有するもの」と定められており、具体的には、金融機 関、信用保証協会、サービサー等を指します(GL1、 GLQ1-1)。固有債権者は、本来的な対象債権者ではありま せん。 しかし、GLでは固有債権についても債務整理の対象にす ることを禁止しておらず、「弁済計画の履行に重大な影響を 及ぼす恐れのある債権者については、対象債権者に含める ことができる」(GL7(3)④ロ)とされています2 。すなわち、固有 債権者の同意があれば、固有債権を含めて債務整理を行う ことができます。

    3 固有債権者との協議

    Filed under:
    Japan, Insolvency & Restructuring, Oh-Ebashi LPC & Partners
    Authors:
    Yuta Shozaki
    Location:
    Japan
    Firm:
    Oh-Ebashi LPC & Partners
    ABC Statutes: Important-But-Ignored Stakeholders
    2025-12-16

    When state legislatures consider a legislative bill, it’s important that they hear from stakeholders who would be affected by that bill.

    Important ABC Stakeholders

    When faced with a legislative bill on assignment for benefit of creditors (“ABC”), its important that legislatures hear from a variety of stakeholders, including this important group:

    Filed under:
    USA, Nebraska, Insolvency & Restructuring, Koley Jessen PC
    Authors:
    Donald L. Swanson
    Location:
    USA
    Firm:
    Koley Jessen PC
    Does A U.S. Supreme Court’s Certiorari Denial Have Precedential Value?
    2025-12-11

    Recently, the U.S. Supreme Court denied certiorari in two cases involving bankruptcy questions:

    Filed under:
    USA, Nebraska, Insolvency & Restructuring, Litigation, Koley Jessen PC, Supreme Court of the United States
    Authors:
    Donald L. Swanson
    Location:
    USA
    Firm:
    Koley Jessen PC
    New Rules For The Transfer Of Certain Mining Rights
    2025-12-09

    Under the Act to amend theMining Act and other provisions1 (the “Act”), assented to on November 29, 2024, certain amendments were made to the Mining Act.2

    In this bulletin, we will focus on the rules that have been in effect as of the Act’s date of assent concerning the assignment of a mining lease or a mining concession, and those that have been in effect since November 29, 2025, concerning the transfer of an exclusive exploration right (“EER”), formerly known as a claim.

    Filed under:
    Canada, Energy & Natural Resources, Insolvency & Restructuring, Lavery Lawyers
    Authors:
    René Branchaud , Carole Gélinas , Radia Amina Djouaher , Joëlle Montpetit
    Location:
    Canada
    Firm:
    Lavery Lawyers
    Advisory Opinion On An Issue Resolved By Stipulation Of The Parties (In re Whittaker—Part 5)
    2025-12-04

    Here’s a curious thing:

    • an advisory opinion from a U.S. Circuit Court of Appeals on an issue for which there is no controversy and that is mostly academic.

    That’s exactly what we have in In re Whittaker Clark & Daniels, Inc., Case Nos. 24-2210 & 24-2211 (3rd Cir., decided September 10, 2025)(see first concurring opinion).##

    No Controversy

    Filed under:
    USA, Nebraska, Insolvency & Restructuring, Litigation, Koley Jessen PC
    Authors:
    Donald L. Swanson
    Location:
    USA
    Firm:
    Koley Jessen PC
    Renters' Rights Act 2025: A guide for Insolvency Practitioners and Fixed Charged Receivers
    2025-12-02

    The Renters' Rights Act 2025 (the Act) will overhaul the private rented sector in England and Wales.

    Key changes include:

    • All tenancies being periodic assured tenancies;
    • Changes to the way landlords can obtain possession;
    • The application of a Decent Homes Standard to the private rented sector; and
    • The creation of a digital private rented sector database.

    The Act received Royal Assent on 27 October 2025 and the Government has published a roadmap for phased implementation, with the key reforms commencing on 1 May 2026.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Real Estate, TLT LLP
    Location:
    United Kingdom
    Firm:
    TLT LLP

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