SEPTEMBER 2021 THE PRACTICAL REAL ESTATE LAWYER | 49 JOSHUA STEIN, one of the most prolific contributors to The Practical Real Estate Lawyer in its history, handles a wide range of commercial real estate transactions and regularly serves as an expert witness. He is a member of the American College of Real estate Lawyers and author of five books and over 300 articles on commercial real estate law and practice. Many appear on his website, www.joshuastein.com.
The recent case of Re A Company [2021] EWHC 2289 (Ch) outlines how the coronavirus test for winding up petitions will be applied by the Courts.
On 14 May 2021, a cooperation mechanism was established between the Mainland and Hong Kong in the form of the Record of Meeting of the Supreme People's Court and the Government of the Hong Kong Special Administrative Region and Mutual Recognition of and Assistance to Bankruptcy (Insolvency) Proceedings between the Court of the Mainland and the Hong Kong Special Administrative Region and the Supreme People’s Court’s Opinion on taking forward a pilot measure in relation to Recognition and Assistance to Bankruptcy (Insolvency) Proceedings in the Hong Kong Special Administrative Re
OVERVIEW
Welcome to the next edition of the insolvency insight bulletin from the insolvency specialists at Quadrant Chambers. All cases link to the relevant judgments.
Case law
The Bankruptcy Protector
INTRODUCTION
今回のニュースレターでは、2021 年 7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ました。
1) DEMAND NOTICE ISSUED BY OPERATIONAL CREDITOR BASED ON INVOICES CAN BE ISSUED IN FORM-3 INSTEAD OF FORM-4.
Matter: Tudor India Pvt. Ltd. v. Servotech Power Systems Ltd.
Order dated: 02 July 2021.
Summary:
On July 28, 2021, the Supreme Court of Canada (the "SCC") released its decision in Canada v Canada North Group Inc.[1] (2021 SCC 30) confirming that court-ordered super-priority charges ("Priming Charges") granted pursuant to the Companies' Creditors Arrang
In LCM Operations Pty Ltd, in the matter of 316 Group Pty Ltd (In Liquidation) [2021] FCA 324, the Federal Court considered whether a third party who has been assigned a company’s claim by a liquidator breached the Harman undertaking with respect to documents obtained through public examinations.
What happened?
Президиум Верховного Суда Российской Федерации за первое полугодие 2021 г. утвердил два Обзора судебной практики № 1 и 2. Обзоры содержат ряд важных позиций, на которые стоит обратить внимание руководителям компаний, а также юридическим службам компаний.
1. Исключение компании из Единого государственного реестра юридических лиц (ЕГРЮЛ)
The Federal Labour Court (Bundesarbeitsgericht – BAG) has ruled on 18 May 2021 (docket number 3 AZR 317/20) that in the case of the PSV’s assertion of claims against the insolvency administrator of an insolvent company, it is not the balance sheet interest rate used for the calculation of the pension provisions that is applicable, but the standard statutory interest rate according to section 246 German Civil Code (BGB). Only this interest rate is decisive for the calculation of the amount of claims.
Facts / Background: