Executive Summary:
In a landmark judgment in the matter of Mansi Brar Fernandes vs Shubha Sharma and others delivered in September 2025, the Hon’ble Supreme Court of India reaffirmed the constitutional right to shelter as a fundamental right under Article 21 of the Indian Constitution.
The Israeli Insolvency Law: The General Framework You’ll Need to Navigate
INTRODUCTION
If a company faces a situation threatening insolvency, the satisfaction of creditors' claims is at risk. In such cases, the company's managers must prioritize the interests of the creditors, and for failure to do so, they are subject to civil and/or criminal liability, which we describe in this article.
Overview
In Yeo (liquidator), in the matter of Tuftex Carpets Pty Ltd (in liquidation) [2025] FCA 1200 the liquidators sought approval from the court to enter into a settlement agreement. The claims underlying the settlement agreement were against the former director and parent company for insolvent trading and the resulting loss.
Key Takeaways
On 26 August 2025, the Singapore International Arbitration Centre (SIAC) introduced the SIAC Restructuring and Insolvency Arbitration Protocol (Protocol), which took effect immediately.
Insolvency and liquidation proceedings inevitably raise the question of how competing creditor claims are ranked. One area of particular importance is the treatment of employee claims, as legislators typically grant them special protection to safeguard livelihoods. Hungarian insolvency law reflects this policy by granting priority status to certain employee entitlements.
When Do Employee Claims Rank Ahead of Other Creditors?
What are antecedent transactions in insolvency?
In insolvency and liquidation proceedings, the question regularly arises of how competing creditor claims should be satisfied. Of particular importance is the treatment of employee claims, as legislators typically seek to ensure their special protection. Hungarian insolvency law addresses this concern by granting certain employee claims a privileged ranking.
When do employee claims take precedence over other creditors?