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    Transmisión de una unidad productiva para su liquidación. ¿Garantías laborales?
    2019-07-02

    La justicia europea se pronuncia sobre la aplicación de las garantías laborales en la transmisión de empresas cuando cedente y cesionario prevén la posterior desaparición del cesionario por liquidación. Nada impide segregar una parte de la empresa y posibilitar su autonomía, pero mantener la dependencia y provocar su quiebra resulta contrario al principio de estabilidad que rige el transfondo laboral de toda transmisión empresarial.

    Filed under:
    European Union, Company & Commercial, Employment & Labor, Insolvency & Restructuring, Litigation, Gomez-Acebo & Pombo Abogados, Court of Justice of the European Union
    Authors:
    Lourdes López Cumbre
    Location:
    European Union
    Firm:
    Gomez-Acebo & Pombo Abogados
    Update on UNCITRAL Insolvency Working Group
    2019-07-15

    The Insolvency Working Group of the United Nations Commission on International Trade Law (“UNCITRAL”)1 has been busy this past year, working on three new model laws and developing work on at least two possible future projects.2 The Insolvency Working Group is responsible for drafting the Model Law on Cross-Border Insolvency (the “CBI Model Law”) in 1997, which has since been adopted in 46 countries and is under consideration in several others. In 2005, the United States adopted the CBI Model Law as Chapter 15 of the United States Bankruptcy Code. 

    Filed under:
    European Union, Global, USA, Insolvency & Restructuring, Litigation, Blank Rome LLP, UNCITRAL
    Authors:
    Rick Antonoff , Evan Jason Zucker
    Location:
    European Union, Global, USA
    Firm:
    Blank Rome LLP
    Up, Up and Away: Irish Commercial Court Orders Removal of Registrations relating to Aircraft
    2019-05-31

    Executive Summary

    The Irish High Court currently has exclusive jurisdiction to make orders against the Registrar (as defined below) pursuant to the Convention and the Protocol (both as defined below).

    The recent judgment of Mr Justice McDonald in Unicredit Global Leasing Export Gmbh v Business Aviation Limited and Aviareto Limited1 is a welcome reminder that the Irish Courts will not tolerate misleading registrations on the International Registry for International Interests in Mobile Equipment (the "Registry").

    Filed under:
    European Union, Ireland, Asset Finance, Aviation, Insolvency & Restructuring, Litigation, Walkers, High Court (Ireland)
    Authors:
    Gavin Smith , William Greensmyth , David McGovern , Killian McSharry
    Location:
    European Union, Ireland
    Firm:
    Walkers
    VAT - Monthly Alert - May 2019: Court of Justice of the European Union
    2019-05-31

    In Budimex SA (C224/18), the CJEU was asked by a Polish Court to determine the time of supply in relation to a construction contract where no invoice was issued in accordance with articles 63 and 66 of the Principal VAT Directive (PVD), which provide that the chargeable event for VAT purposes is when the services are supplied.

    Filed under:
    European Union, Construction, Insolvency & Restructuring, Litigation, Tax, DLA Piper, Debtor, CJEU
    Location:
    European Union
    Firm:
    DLA Piper
    Newsletter Reestructuraciones e Insolvencias - Junio 2019 | Resoluciones
    2019-06-07

    El tribunal de un Estado miembro que conoce del procedimiento de insolvencia tiene competencia exclusiva para conocer de las acciones revocatorias ejercitadas dentro del mismo

    Sentencia del Tribunal de Justicia de la Unión Europea de 14 de noviembre de 2018

    Filed under:
    European Union, Spain, Insolvency & Restructuring, Litigation, Garrigues, Bankruptcy, CJEU
    Authors:
    Adrian Thery , Borja García-Alamán , Juan Verdugo
    Location:
    European Union, Spain
    Firm:
    Garrigues
    Restructuring & Insolvency Newsletter - June 2019 | Judgments of interest
    2019-06-07

    A member state’s court entertaining an insolvency proceeding has exclusive jurisdiction to entertain clawback actions brought within the proceeding

    Filed under:
    European Union, Spain, Insolvency & Restructuring, Litigation, Garrigues, Debtor, CJEU
    Authors:
    Adrian Thery , Borja García-Alamán , Juan Verdugo
    Location:
    European Union, Spain
    Firm:
    Garrigues
    The EU restructuring directive: So nearly there!
    2019-04-12

    On 28 March 2019 the European Parliament adopted a Directive on insolvency, restructuring and second chance (the Directive). This project has had a long tail, following a Commission Recommendation issued in 2014 and, after that had no impact, a draft Directive in November 2016. This draft Directive is now about come to fruition. It has three main aims

    1. to ensure that member states have a preventive restructuring framework – which includes a restructuring plan;

    Filed under:
    European Union, USA, Banking, Insolvency & Restructuring, Litigation, Freshfields Bruckhaus Deringer, European Parliament
    Authors:
    Florian Weixelbaum , Katharina Crinson
    Location:
    European Union, USA
    Firm:
    Freshfields Bruckhaus Deringer
    Brexit - impact on insolvency - where are we now we’re delayed?
    2019-05-01

    On 7 February 2019, my article entitled “No deal Brexit – impact on insolvency” was published on Lexology. That article was published shortly after the Insolvency (Amendment) (EU Exit) Regulations 2019 (the “2019 Regulations”) were made.

    Filed under:
    European Union, United Kingdom, England & Wales, Insolvency & Restructuring, Litigation, Public, Irwin Mitchell LLP, Brexit, Court of Justice of the European Union
    Authors:
    Philip Middleton
    Location:
    European Union, United Kingdom
    Firm:
    Irwin Mitchell LLP
    Loi applicable à l’opposabilité des cessions de créance transfrontière : position du Parlement européen sur la proposition de règlement
    2019-05-16

    À la recherche du temps perdu (suite) – qu’en dirait La Fontaine ?

    Résolution législative du Parlement européen du 13 février 2019 sur la proposition de règlement du Parlement européen et du Conseil sur la loi applicable à l’opposabilité des cessions de créances (COM(2018)0096 – C8-0109/2018 – 2018/0044(COD))

    Filed under:
    European Union, Insolvency & Restructuring, Litigation, Public, Squire Patton Boggs, European Commission
    Authors:
    Véronique Collin
    Location:
    European Union
    Firm:
    Squire Patton Boggs
    European Court of Justice resolves - Peeters/Gatzen claim falls within the scope of Regulation (EU) 1215/2012 (Brussels I recast) instead of Regulation (EU) 2015/848 (Insolvency Regulation)
    2019-03-11

    1. Introduction

    Filed under:
    European Union, Netherlands, Banking, Insolvency & Restructuring, Litigation, Stibbe, Money laundering, Court of Justice of the European Union
    Authors:
    Marleen Jonckers
    Location:
    European Union, Netherlands
    Firm:
    Stibbe

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