The Eleventh Circuit recently affirmed a Bankruptcy Court and held that dismissal of an underlying bankruptcy case did not divest the Bankruptcy Court of jurisdiction in related quiet title action. In re Lindsey, 2021 WL 1140661 (11th Cir. 2021). In 2015, the plaintiff filed a voluntary petition for Chapter 13 bankruptcy relief. In his schedule of assets, the plaintiff listed a fee simple interest in a commercial multi-tenant building and an adjacent vacant lot.
In this edition of the Going concerns, our Stephenson Harwood restructuring and insolvency team provides a brief update on the newest developments in Singapore, UK and Hong Kong. For Singapore, we update on the "conflict" between the admiralty and insolvency regimes while our London team provides an update on the cutting-edge Part 26A restructuring plans. Last but certainly not least, our Hong Kong team dissects and discusses the significance and impact of the new cooperation mechanism for Hong Kong liquidators and Mainland administrators to seek mutual recognition and assistance.
Once again, a bankruptcy court has weighed in on the subject of discharging student loan debt in the context of a chapter 7 proceeding.
A 2020 decision of Mr Justice Harris1 concerned FDG Electric Vehicles Limited (the Company), a company which has been put into provisional liquidation in Bermuda, where it was incorporated.
事業再生・債権管理Newsletter 2021年7月号 2 本ニュースレターの発行元は弁護士法人大江橋法律事務所です。弁護士法人大江橋法律事務所は、1981年に設立された日本の総合法律事務所です。東京、大阪、名古屋、海外は上海にオフィスを構えており、主に企業法務 を中心とした法的サービスを提供しております。本ニュースレターの内容は、一般的な情報提供に止まるものであり、個別具体的なケースに関する法的アドバイスを想定したものではありません。本ニュースレターの内容につきま しては、一切の責任を負わないものとさせて頂きます。法律・裁判例に関する情報及びその対応等については本ニュースレターのみに依拠されるべきでなく、必要に応じて別途弁護士のアドバイスをお受け頂ければと存じます。 建設機械と即時取得 1 考察 建設土木作業に用いられる建機・重機(以下「建設機械」と いう。)には比較的高額のものが多い。資金繰りに窮した建設 機械の使用者が、リース物件や所有権が留保された物件で あるにもかかわらず、資金を得るために、事情を秘匿して建設 機械を第三者に売却することがある。このような場合に、真の 所有者から返還を請求された当該第三者が、建設機械の即 時取得を主張して争う事案が見受けられる。
A recent decision has got the funding community talking and would, if times were different, have led to some water cooler moments. The decision is a mere 19 paragraphs long and, as will become evident, is perhaps as important for what it did not say as for what it did say.
On July 8, 2021, Pipeline Foods, LLC, along with several affiliates, which operate a Minnesota-based organic food supply chain company, filed a petition under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case No. 21-11002). The company estimates $100 to $500 million in assets and liabilities.
In a recent litigation and appeal involving claims under the Fair Credit Reporting Act (“FCRA”), the Ninth Circuit affirmed the district court’s grant of summary judgment to the defendant, in a win for CRAs named in similar litigation. Leoni v. Experian Info. Solutions, 2021 U.S. App. LEXIS 17687 (9th Cir. June 14. 2021). Read on for details about the case and its implications.
By Jochen Saal
Acquiring a business on insolvency can have pitfalls, especially if it involves an employee occupational pension scheme. Will the German Federal Labour Court’s case law, which is favourable to acquirers, continue to apply following a recent European Court of Justice decision?
This week’s TGIF considers the decision of Palace v RCR O’Donnell Griffin Pty Ltd (in liq)[2021] QCA 137, in which the Queensland Court of Appeal provided useful guidance on the principles to be applied when a party seeks leave under section 500(2) of the Corporations Act 2001 (Cth) to bring proceedings against a company in liquidation.
Key Takeaways