r1//./r2Capital Market06Dispute Resolution11Fintech20International Trade/ WTO27Ministry of Corporate Affairs (MCA)34Restructuring and Insolvency45Sports and Gaming49White Collar Crime03Competition Law08Employment Law15Infrastructure and Energy24Media and entertainment31RBI & FEMA40RERA47Technology51r3MASTER CIRCULAR FOR ISSUE OF CAPITAL ANDDISCLOSURE REQUIREMENTSThe Securities and Exchange Board of India (“SEBI”) hasissued an updated Master Circular1for Issue of Capital andDisclosure Requirements (“SEBI ICDR Master Circular”),consolidating all extant circulars and directions issued unde
The Hong Kong Court has recently handed down a landmark decision in Re USUM Investment Group Limited [2026] HKCFI 1320, addressing the scope of its power to recognise restructurings approved by non-Hong Kong courts and the extent of assistance it may grant. In doing so, the Court recognised restructuring proceedings commenced in the Mainland, clarified the distinction between “recognition” and “assist
On February 25, 2026, the Superior Court of Québec issued a noteworthy decision in the insolvency proceedings of SRTX Inc. and its affiliates (collectively, the SRTX Group), the company behind Sheertex, a well-known brand of rip-resistant tights. The Honorable Justice Luc Morin approved a pre-packaged transaction (also known as a “prepack”) under a “reverse vesting” structure, thereby facilitating the transfer of the SRTX Group’s business to Québec-based A.Y.K. International Inc. (AYK).
When a company enters administration, one of the administrator’s core statutory duties is to prepare proposals explaining how they intend to achieve the purpose of administration. These proposals must be approved by creditors. While approval is usually a formality, rejection can fundamentally derail the administration, leaving the practitioner without authority to act and, in some cases, forcing an early exit into liquidation.
This article explores the statutory framework, the common reasons proposals are rejected, and the key case law that guides the steps that follow.
In Re Country Garden Holdings Company Limited[2026] HKCFI 1619, the Honourable Madam Justice Linda Chan sanctioned, on 4 December 2025, a scheme of arrangement restructuring approximately USD 14.5 billion of offshore debt between Country Garden Holdings Company Limited (the “Company”) and its scheme creditors.
This week's TGIF considers Kirk (in his capacity as liquidator of ARG Workforce Pty Ltd (in liq)) v Commissioner of State Revenue, in the matter of ARG Workforce Pty Ltd[2026] FCA 192(Kirk). In this case, the Federal Court (the Court) held that amounts paid to the Queensland Revenue Office (QRO) were unfair preferences.
With 2025 behind us, we are taking time at the start of 2026 to reflect on significant developments in the restructuring and insolvency space from both New Zealand and around the world and look ahead to what's coming in 2026.
28 May 2025 - High Court provides guidance on insolvency practitioner independence and behaviour
In Roseland Buildtech Private Limited vs.
On 13 March 2026, the Supreme Court handed down judgments in two important cases concerning a bank's right of set-off (netting) after the reference date of Art. 54 of the Dutch Bankruptcy Act (Fw). Both cases concern to the question whether a bank may set off incoming payments against outgoing payments in the phase preceding the account holder’s bankruptcy or suspension of payments.