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    Key takeaways on Poland's new electronic insolvency procedure one year on
    2023-01-11

    It has been just over a year since the introduction of Poland's new electronic insolvency procedure. The new procedure, introduced on 1 December 2021, is generally conducted via an online platform, the National Debtors’ Register, and has brought about a revolutionary change to Polish insolvency procedure.

    Positive developments

    • Faster access to the court - Documents filed on the online platform are instantly disclosed to the judge and to the other parties involved. The court’s decisions are also delivered quickly to the parties.

    Filed under:
    Poland, Insolvency & Restructuring, Internet & Social Media, Litigation, Taylor Wessing, Insolvency
    Authors:
    Ewelina Stobiecka , Sebastian Morgała
    Location:
    Poland
    Firm:
    Taylor Wessing
    Key takeaways on Poland's new electronic insolvency procedure one year on
    2023-01-11

    It has been just over a year since the introduction of Poland's new electronic insolvency procedure. The new procedure, introduced on 1 December 2021, is generally conducted via an online platform, the National Debtors’ Register, and has brought about a revolutionary change to Polish insolvency procedure.

    Positive developments

    • Faster access to the court - Documents filed on the online platform are instantly disclosed to the judge and to the other parties involved. The court’s decisions are also delivered quickly to the parties.

    Filed under:
    Poland, Insolvency & Restructuring, Internet & Social Media, Litigation, Taylor Wessing, Insolvency
    Authors:
    Ewelina Stobiecka
    Location:
    Poland
    Firm:
    Taylor Wessing
    Cryptocurrencies: practical considerations in insolvencies
    2019-07-25

    In a recent report by INSOL International, only 5% of insolvency practitioners (“IPs”) said that they had a “comprehensive or practical/working or understanding” of crypto-currency.

    So with over 4,000 types of cryptocurrency now available and as payment technology continues to develop, we look at some issues facing IPs, including

      • How to identify cryptocurrency
      • How to categorise it
      • How to take control of it and sell it; and
      • What value does it have

    What are cryptocurrencies?

    Filed under:
    United Kingdom, USA, Banking, Insolvency & Restructuring, Internet & Social Media, IT & Data Protection, Squire Patton Boggs, Blockchain, Bitcoin, NASDAQ, MiFID, Cryptocurrency
    Authors:
    Charles Draper
    Location:
    United Kingdom, USA
    Firm:
    Squire Patton Boggs
    Teenagers And The D.C. Circuit Agree: Internet Service Is A Utility - Will Bankruptcy Courts Follow?
    2016-09-13

    The topic of net neutrality has continued to be at the forefront of public discourse over recent years. This is the result of the FCC’s repeated attempts to impose regulations designed to protect consumers while at the same time telecom companies seek to control their product and the services they provide without what they contend is burdensome regulation. This summer, in U.S. Telecommunication Association v. FCC, the D.C.

    Filed under:
    USA, Insolvency & Restructuring, Internet & Social Media, Litigation, Telecoms, Squire Patton Boggs, Federal Communications Commission (USA), United States bankruptcy court
    Authors:
    Peter R. Morrison
    Location:
    USA
    Firm:
    Squire Patton Boggs
    Banks and Bitcoin exchanges
    2015-06-29

    This is the fifth post in our Bitcoin Bankruptcy series on the Weil Bankruptcy Blog.  We have concluded that a hypothetical U.S.-based bitcoin exchange likely would not constitute a stockbroker or a 

    Filed under:
    USA, Banking, Insolvency & Restructuring, Internet & Social Media, Weil Gotshal & Manges LLP, Bankruptcy, Bitcoin
    Authors:
    Scott Bowling
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    Could a Bitcoin exchange be a commodity broker?
    2015-02-02

    This is the fourth post in our Bitcoin Bankruptcy series on the Weil Bankruptcy Blog.

    Filed under:
    USA, Banking, Insolvency & Restructuring, Internet & Social Media, Weil Gotshal & Manges LLP, Bankruptcy, Bitcoin, Commodity broker
    Authors:
    Scott Bowling
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    Recognizing foreign proceedings under the Canadian Bankruptcy and Insolvency Act: Re MtGox Co
    2014-11-24

    This article has been contributed to the blog by Patrick Riesterer and Waleed Malik.

    Filed under:
    Canada, Insolvency & Restructuring, Internet & Social Media, Litigation, Weil Gotshal & Manges LLP, Bankruptcy and Insolvency Act 1985 (Canada)
    Location:
    Canada
    Firm:
    Weil Gotshal & Manges LLP
    Could a Bitcoin exchange constitute a “stockbroker”?
    2014-07-14

    This is the third post in our Bitcoin Bankruptcy series on the Weil Bankruptcy Blog.  In the spring of this year, the shutdown of Japanese bitcoin exchange Mt. Gox made us think about what might have happened if Mt.

    Filed under:
    USA, Banking, Insolvency & Restructuring, Internet & Social Media, Weil Gotshal & Manges LLP, Bitcoin, Certificate of deposit
    Authors:
    Scott Bowling
    Location:
    USA
    Firm:
    Weil Gotshal & Manges LLP
    Internet Service a Utility in Bankruptcy? It Might Be Now
    2016-07-11

    Editor’s Note:  One of the many fascinating things about restructuring work is its willingness to evolve by borrowing from other areas of the law.  Just as business practices change, new financing techniques evolve, and transactions become more complex, the bankruptcy world must adapt as well, to allow for a well functioning insolvency system and not a stilted, out of date process.  To that end, we at The Bankruptcy Cave love finding curious decisions in tangential fields of the law, and thinking about how they may change bankruptcy practice, or how bankruptcy pract

    Filed under:
    USA, Insolvency & Restructuring, Internet & Social Media, Litigation, Telecoms, Bryan Cave Leighton Paisner (Bryan Cave), Bankruptcy, Broadband, Federal Communications Commission (USA)
    Location:
    USA
    Firm:
    Bryan Cave Leighton Paisner (Bryan Cave)
    Click to appeal: recent Second Circuit decision a cautionary tale regarding electronically filed notices of appeal
    2015-11-09

    A recent Second Circuit Court of Appeals decision, Franklin v. McHugh, 2015 WL 6602023 (2d Cir. 2015), illustrates the dire consequences of failing to comply fully with all electronic filing requirements for a notice of appeal.

    Filed under:
    USA, Insolvency & Restructuring, Internet & Social Media, Litigation, Bryan Cave Leighton Paisner (Bryan Cave), Second Circuit
    Authors:
    Bryce A. Suzuki , Justin A. Sabin
    Location:
    USA
    Firm:
    Bryan Cave Leighton Paisner (Bryan Cave)

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