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    The Trustee, The Creditor, And The Divorce: Setting Aside Transactions Made In Ancillary Relief Proceedings
    2022-05-04

    Introduction

    1. Covid-19 has posed unprecedented challenges worldwide. Social isolation, confinement measures, spousal hygiene and money (or lack thereof due to unemployment) have been sources of many soured relationships. As such, the pandemic’s impact on people’s personal relationships and finances have become inadvertent fuel for divorce and bankruptcy cases.

    2. It is no surprise that local law firms are handling an uptick in divorce cases and receiving more enquiries related to divorce.

    Filed under:
    Hong Kong, United Kingdom, Family, Insolvency & Restructuring, Litigation, Pantheon Chambers, Coronavirus, Court of Appeal of England & Wales, Court of First Instance (Hong Kong)
    Authors:
    Isaac Yung
    Location:
    Hong Kong, United Kingdom
    Firm:
    Pantheon Chambers
    Revue des décisions récentes de la Cour d’appel du Québec en matière de protection du consommateur
    2022-05-04

    Au Québec, le droit de la consommation évolue régulièrement et la Loi sur la protection du consommateur (L.P.C.) continue de faire l’objet de plusieurs décisions des tribunaux chaque mois.

    À l’occasion de la publication de ce nouveau bulletin de notre série en droit de la consommation, nous présentons les développements récents dans ce domaine sous l’angle des décisions des quelque 12 derniers mois de la Cour d’appel du Québec, qui apportent un éclairage sur des règles de la L.P.C.

    Filed under:
    Canada, Quebec, Company & Commercial, Corporate Finance/M&A, Insolvency & Restructuring, IT & Data Protection, Litigation, Telecoms, Borden Ladner Gervais LLP, Bankruptcy, Consumer protection, Consumer Protection Act 1971 (Quebec) (Canada), Quebec Court of Appeal
    Authors:
    Guillaume Talbot-Lachance
    Location:
    Canada
    Firm:
    Borden Ladner Gervais LLP
    Challenging the decisions of liquidators - Re Baglan Operations Ltd
    2022-05-04

    Summary

    On 21 March 2022, the High Court in Counsel General for Wales and others v Allen and others [2022] EWHC 647 (Ch) (Re Baglan Operations Ltd) modified the decision of the Official Receiver to allow the insolvent Baglan Operations Limited (in liquidation) (the 'Company') to continue trading for a period of time to prevent environmental harm to the locality.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, Burges Salmon LLP
    Authors:
    Nick Middleton
    Location:
    United Kingdom
    Firm:
    Burges Salmon LLP
    Boris Becker: A Lesson under the Insolvency Act 1986
    2022-05-04

    Boris Becker has been sentenced to two and a half years in prison in relation to the four criminal charges he was convicted of under the Insolvency Act 1986. 

    On 8 April 2022, following a trial at Southwark Crown Court, former tennis player Boris Becker was convicted of four counts against the Insolvency Act 1986 (the IA 1986). Mr Becker was subsequently sentenced to two and a half years in prison on 29 April 2022.  

    The Bankruptcy

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, HFW
    Authors:
    Rick Brown , Nicola Gare
    Location:
    United Kingdom
    Firm:
    HFW
    The impact of the energy transition: restructuring your investment without losing your international treaty rights
    2022-05-04

    At the COP26 climate summit in November 2021, over forty countries committed to phase out use of coal-fired power.

    Filed under:
    Canada, Global, USA, Energy & Natural Resources, Environment & Climate Change, Insolvency & Restructuring, Litigation, Freshfields Bruckhaus Deringer, COP26
    Authors:
    Hinda Rabkin , Noiana Marigo , Diego Perez
    Location:
    Canada, Global, USA
    Firm:
    Freshfields Bruckhaus Deringer
    Review of recent Québec Court of Appeal decisions on consumer protection
    2022-05-04

    Consumer law in Québec remains in constant evolution, and the Consumer Protection Act (CPA) continues to be the subject of many court decisions each month.

    In this new article in our series on consumer law, we present recent developments in this area from the perspective of Québec Court of Appeal decisions over the past 12 months, which shed some light on the rules of the CPA.

    Filed under:
    Canada, Quebec, Company & Commercial, Corporate Finance/M&A, Insolvency & Restructuring, IT & Data Protection, Litigation, Telecoms, Borden Ladner Gervais LLP, Bankruptcy, Consumer protection, Consumer Protection Act 1971 (Quebec) (Canada), Quebec Court of Appeal
    Authors:
    Guillaume Talbot-Lachance
    Location:
    Canada
    Firm:
    Borden Ladner Gervais LLP
    Bankruptcy Battle for InfoWars
    2022-05-05

    The Bankruptcy Protector

    How A Subchapter V Case Filed by Controversial Alex Jones Could Shape the Scope of Subchapter V Cases

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Nelson Mullins Riley & Scarborough LLP, Bankruptcy
    Authors:
    John T. Baxter
    Location:
    USA
    Firm:
    Nelson Mullins Riley & Scarborough LLP
    Examinership in exceptional times
    2022-04-29

    Pursuant to the Companies (Miscellaneous Provisions) (COVID-19) Act 2020 (the COVID Act), “exceptional provision” to the operation of certain parts of the Companies Act 2014 (the Act) was made for a specific period of time, which period could be extended by order of the Government (the Interim Period). Yesterday, the government announced that it was extending the Interim Period until 31 December 2022.

    Filed under:
    Ireland, Insolvency & Restructuring, Litigation, DLA Piper, Coronavirus
    Authors:
    Gavin Smith , Greg Cooney
    Location:
    Ireland
    Firm:
    DLA Piper
    Court of Appeal summaries (April 25-April 29, 2022)
    2022-05-01

    Good afternoon.

    These are our summaries of the civil decisions of the Court of Appeal for Ontario for the week of April 25, 2022.

    Filed under:
    Canada, Ontario, Capital Markets, Insolvency & Restructuring, Insurance, Litigation, Real Estate, Tax, Blaney McMurtry LLP, Bankruptcy, Coronavirus, Anti-bribery and corruption
    Authors:
    John Polyzogopoulos
    Location:
    Canada
    Firm:
    Blaney McMurtry LLP
    Are Private Student Loans Dischargeable in Bankruptcy Court? An In-Depth Examination of Each Sub-Section of Section 523 (a)(8) of the Bankruptcy Code—Part I
    2022-05-03

    In the United States, student loans have exceeded $1.6 trillion, making student loans a central focus amongst Chapter 7 and 13 debtors. Student loans facilitated or guaranteed by the U.S. government or a non-profit institution are non-dischargeable in bankruptcy court, pursuant to Section 523 (a)(8) of the Bankruptcy Code. A non-dischargeable debt means that the debtor must still repay the debt even after successful Chapter 13 or 7 bankruptcy.

    Filed under:
    USA, Banking, Insolvency & Restructuring, Litigation, Gupta Evans and Ayres, Internal Revenue Service (USA), Internal Revenue Code (USA)
    Authors:
    Dylan Contreras
    Location:
    USA
    Firm:
    Gupta Evans and Ayres

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