Skip to main content
Enter a keyword
  • Login
  • Home

    Main navigation

    Menu
    • US Law
      • Chapter 15 Cases
    • Regions
      • Africa
      • Asia Pacific
      • Europe
      • North Africa/Middle East
      • North America
      • South America
    • Headlines
    • Education Resources
      • ABI Committee Articles
      • ABI Journal Articles
      • Covid 19
      • Conferences and Webinars
      • Newsletters
      • Publications
    • Events
    • Firm Articles
    • About Us
      • ABI International Board Committee
      • ABI International Member Committee Leadership
    • Join
    Is a Change in Culture Coming to Chapter 11?
    2021-12-16

    Chapter 11 plans are a form of stakeholder democracy. Elaborate rules govern voting and its consequences, and, in Section 1125(b), how acceptances—and rejections—may be solicited. Well, sort of.

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Morgan, Lewis & Bockius LLP
    Authors:
    John C. Goodchild, III
    Location:
    USA
    Firm:
    Morgan, Lewis & Bockius LLP
    The Supreme Court finally clarifies the rules of compensation in restructuring and sends a clear message to public bodies seeking to establish the fraudulent nature of certain claims
    2021-12-16

    On March 23, 2020, we commented on the Quebec Court of Appeal’s decision in the Arrangement relating to Consultants SM inc. case. The City of Montreal (the “City”) appealed this decision to the Supreme Court of Canada and the appeal was heard on May 20, 2021.

    On December 10, 2021, the Supreme Court of Canada (the “Supreme Court”) dismissed the City’s appeal, thereby rendering an important decision with respect to “pre-post compensation” and “non-dischargeable debts” under the Companies’ Creditors Arrangement Act (the “CCAA”).

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Fasken, Due diligence
    Authors:
    Luc Béliveau , Marc-André Morin , Nicolas Mancini , Éliane Dupéré-Tremblay
    Location:
    Canada
    Firm:
    Fasken
    Supreme Court of Canada: "Pre-post set-off rights can and should be stayed by an initial order"
    2021-12-16

    In 2017, the Quebec Court of Appeal had issued a decision in the matter of Arrangement relatif à Métaux Kitco inc., 2017 QCCA 268 ("Kitco") to the effect that the Companies' Creditors Arrangement Act (the "CCAA") prohibited the exercise of all rights of set-off between pre-filing and post-filing claims.

    Filed under:
    Canada, Quebec, Insolvency & Restructuring, Litigation, Gowling WLG, Supreme Court of Canada
    Authors:
    Virginie Gauthier , Kate Yurkovich
    Location:
    Canada
    Firm:
    Gowling WLG
    Insolvency Law Newsletter for November 2021
    2021-12-16

    INTRODUCTION

    今回のニュースレターでは、2021 年 11 月の破産倒産法関連の主なアップデートについて取り扱ってい ます。最高裁判所(=SC)、会社法上訴審判所(=NCLAT)、会社法審判所(=NCLT)の各裁判所に おいて下された重要な判決についてまとめる共に、2016 年破産倒産法の改正についても解説しています。

    1) A DEL CREDERE AGENT IS NOT AN OPERATIONAL CREDITOR UNDER THE CODE

    Matter: Alturas Trading Corp. v. VRMX Concrete India Pvt. Ltd.

    Order dated: 04 October 2021

    Summary:

    Filed under:
    India, Insolvency & Restructuring, Litigation, Acuity Law
    Location:
    India
    Firm:
    Acuity Law
    Full court affirms bankrupt not entitled to review of objection decision
    2021-12-17

    The Full Federal Court has held that a bankrupt taxpayer had no standing to seek review of an objection decision as she was not a person “dissatisfied” within the meaning of s 14ZZ of the Taxation Administration Act 1953.

    Filed under:
    Australia, Insolvency & Restructuring, Litigation, Tax, Wolters Kluwer Asia-Pacific
    Location:
    Australia
    Firm:
    Wolters Kluwer Australia
    Collective redundancies: Personal criminal liability
    2021-12-17

    An important decision for employers and administrators has been handed down by the High Court in the case of R (Palmer, Forsey) v Northern Derbyshire Magistrates' Court [2021] EWHC 3013. The Judgment acts as a stark reminder to employers and company personnel about the criminal liability they can face for failing to notify the Secretary of State of proposed collective redundancies as well as confirming that that an administrator can be prosecuted personally.

    Background

    Filed under:
    European Union, United Kingdom, Employee Benefits & Pensions, Employment & Labor, Insolvency & Restructuring, Litigation, Stephenson Harwood LLP
    Authors:
    Kate Brearley , Leanne Raven , Julian Cahn , Ian Benjamin
    Location:
    European Union, United Kingdom
    Firm:
    Stephenson Harwood LLP
    Insolvency Feature - Law and Practice
    2021-12-15

    ABOUT THE AUTHORS

    Kumar Kanagasingam Senior Partner

    Banking & Insolvency E: [email protected]

    Sean Yeow Huang-Meng Partner

    Banking & Insolvency E: [email protected]

    Andrew Chiew Ean Vooi Partner

    Filed under:
    Malaysia, Insolvency & Restructuring, Litigation, Lee Hishammuddin Allen & Gledhill, Corporate governance, Private equity, Coronavirus
    Location:
    Malaysia
    Firm:
    Lee Hishammuddin Allen & Gledhill
    The impact of the recent changes to UAE bankruptcy law on the construction industry
    2021-12-15

    Liquidity issues within the construction industry have only been exacerbated by the COVID-19 pandemic. Faced with the high-profile collapse of major contractors in the region, the UAE has taken strides to improve upon its existing Bankruptcy Law (Law 9 of 2016) to ensure that it remains capable of facing the very modern challenges presented by the current climate. This includes the introduction of provisions which give debtors limited reprieve in circumstances of “Emergency Financial Crisis” under Law 9 of 2019 amending the Bankruptcy Law.

    Filed under:
    United Arab Emirates, Construction, Insolvency & Restructuring, Litigation, Taylor Wessing, Coronavirus, Construction & engineering
    Authors:
    Paul Blakeway
    Location:
    United Arab Emirates
    Firm:
    Taylor Wessing
    Debts Subject to Personal Guarantees in Examinership
    2021-12-15

    The existence of a personal guarantee over a debt may affect the enforceability of that debt after a company has gone through an examinership process.

    A creditor’s ability to enforce a debt subject to a guarantee after a period of examinership is dependent upon that guarantor having been granted a right to vote at the creditors’ meeting approving the scheme of arrangement.

    Filed under:
    Ireland, Insolvency & Restructuring, Litigation, LK Shields, High Court (Ireland)
    Authors:
    Jill Callanan , Clare Dowling , Redmond Arigho
    Location:
    Ireland
    Firm:
    LK Shields
    La cour suprême clarifie enfin les règles de compensation en matière de restructuration et envoie un message clair aux organismes publics souhaitant établir le caractère frauduleux de certaines créances
    2021-12-15

    Le 23 mars 2020, nous avons commenté l’arrêt de la Cour d’appel du Québec dans le dossier Arrangement relatif à Consultants SM inc. La Ville de Montréal (la « Ville ») a porté cet arrêt devant la Cour suprême du Canada et l’audition du pourvoi a eu lieu le 20 mai 2021.

    Filed under:
    Canada, Insolvency & Restructuring, Litigation, Fasken
    Authors:
    Luc Béliveau , Marc-André Morin , Nicolas Mancini , Éliane Dupéré-Tremblay
    Location:
    Canada
    Firm:
    Fasken

    Pagination

    • First page « First
    • Previous page ‹‹
    • …
    • Page 407
    • Page 408
    • Page 409
    • Page 410
    • Current page 411
    • Page 412
    • Page 413
    • Page 414
    • Page 415
    • …
    • Next page ››
    • Last page Last »
    Home

    Quick Links

    • US Law
    • Headlines
    • Firm Articles
    • Board Committee
    • Member Committee
    • Join
    • Contact Us

    Resources

    • ABI Committee Articles
    • ABI Journal Articles
    • Conferences & Webinars
    • Covid-19
    • Newsletters
    • Publications

    Regions

    • Africa
    • Asia Pacific
    • Europe
    • North Africa/Middle East
    • North America
    • South America

    © 2025 Global Insolvency, All Rights Reserved

    Joining the American Bankruptcy Institute as an international member will provide you with the following benefits at a discounted price:

    • Full access to the Global Insolvency website, containing the latest worldwide insolvency news, a variety of useful information on US Bankruptcy law including Chapter 15, thousands of articles from leading experts and conference materials.
    • The resources of the diverse community of United States bankruptcy professionals who share common business and educational goals.
    • A central resource for networking, as well as insolvency research and education (articles, newsletters, publications, ABI Journal articles, and access to recorded conference presentation and webinars).

    Join now or Try us out for 30 days