La présente Newsletter de Monfrini Bitton Klein vise à offrir, de manière hebdomadaire, un tour d’horizon de la jurisprudence rendue par le Tribunal fédéral dans les principaux domaines d’activité de l’Etude, soit le droit pénal économique et le recouvrement d’actifs (asset recovery).

In Hudson Global Resources (Aust) Pty Limited [2026] NSWSC 535 the Supreme Court of New South Wales considered how an Australian Taxation Office (ATO) garnishee‑style notice under s 2

r 1 //./ r 2 Capital Market 08 Dispute Resolution 15 Fintech 20 International Trade/ WTO 25 Ministry of Corporate Affairs (MCA) 30 Restructuring and Insolvency 39 Sports and Gaming 45 White Collar Crime 03 Competition Law 11 Employment Law 17 Infrastructure and Energy 23 Media and entertainment 28 RBI & FEMA 36 RERA 42 Technology 47 r 3 CIRCULAR ON ONE-TIME RELAXATION WITH RESPECT TO VALIDITY OF SEBI OBSERVATIONS1 The Securities and Exchange Board of India (“SEBI”), vide Circular dated April 07, 2026, has introduced a one-time relaxation regarding the validity of observation letters iss

1. Introduction

Disputed high‑value commercial debts are an unavoidable reality for many businesses. Where sums of £100,000.00 or more are outstanding, commercial debt recovery is rarely just about non‑payment: cashflow, risk exposure, and leverage are all in play.

In our March Alert, 3 Strikes Against Chapter 15: What the Texas Geden and Siu-Fung Decisions Mean for Recognition Strategy, we discussed two important decisions by Judge Alfredo Pérez of the U.S. Bankruptcy Court for the Southern District of Texas denying Chapter 15 recognition as to three debtors. We noted that some of the grounds for denial may have been avoidable with different pre-petition planning.

Our ‘Australian Restructuring and Insolvency Guide’, is a practical resource when facing distressed situations, enforcement options and insolvency processes in Australia. It brings together the key legal principles and the commercial considerations that typically arise when matters move from stability to stress.

India’s insolvency laws have moved from a complex, debtor-friendly system to a simpler, creditor-focused approach with the Insolvency and Bankruptcy Code (IBC). The 2026 Amendment Act builds on the 2016 IBC to fix problems like delays and misuse, aiming for quicker and more effective resolutions.

The Old Insolvency Regime

I. WHY THIS TOPIC IS IMPORTANT

A 2 (two) judge bench of the Hon’ble Supreme Court of India (“Supreme Court”), in State Bank of India and Ors. vs. Doha Bank Q.P.S.C.