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
    Federal Court grants one-year ‘shelf order’ to allow another company’s liquidator to investigate
    2025-04-04

    The Federal Court in Brereton, in the matter of ICT Century Pty Ltd (In Liquidation) [2025] FCA 107 granted the liquidators of ICT Century Pty Ltd (in liquidation) (ICT) a one-year ‘shelf order’, or an extension of time to bring voidable transaction claims under section 588FF(1) of the Corporations Act 2001 (Cth).

    Filed under:
    Australia, Insolvency & Restructuring, Litigation, Corrs Chambers Westgarth, Corporations Act 2001 (Australia)
    Authors:
    Michelle Dean
    Location:
    Australia
    Firm:
    Corrs Chambers Westgarth
    Confirmation of the Territorial Scope of the Collateral Law
    2025-04-03

    Key Takeaway

    Luxembourg’s law of 5 August 2005 on financial collateral arrangements, as amended (Collateral Law 2005), continues to offer strong safe-harbor protections for financial collateral arrangements and is now confirmed to apply to insolvency proceedings globally.

    Recent Developments

    Court of Appeal Ruling

    Filed under:
    Luxembourg, Insolvency & Restructuring, Litigation, K&L Gates LLP, Insolvency, European Commission, Supreme Court of the United States
    Authors:
    Dr. Jan Boeing , Geoffrey Delamarre
    Firm:
    K&L Gates LLP
    Directors guilty of fraudulent trading
    2025-04-03

    Directors beware!

    Filed under:
    Hong Kong, Company & Commercial, Insolvency & Restructuring, Litigation, Tanner De Witt
    Authors:
    Ian De Witt , Troy Greig , Jane Du
    Location:
    Hong Kong
    Firm:
    Tanner De Witt
    For Resolution Plans involving combinations, Resolution Plan can be tabled for Committee of Creditors’ approval only after obtaining the requisite approval by the Competition Commission of Inda
    2025-04-02

    The Hon’ble Supreme Court of India (“Supreme Court”) by a 2:1 majority in Independent Sugar Corporation Limited v Girish Sriram Juneja and Ors1, has held that in case of resolution plans proposing a combination (i.e., a merger or amalgamation of the entities) of a corporate debtor, the Competition Commission of India (“CCI”) must first grant the necessary approval before such Resolution Plan is placed before the Committee of Creditors (“CoC”) for it

    Filed under:
    India, Competition & Antitrust, Insolvency & Restructuring, Litigation, JSA, Merger control, Insolvency, Competition Commission of India, Insolvency and Bankruptcy Code (India), National Company Law Tribunal
    Authors:
    Dheeraj Nair , Nisha Kaur Uberoi , Varghese Thomas , Fatema Kachwalla , Rahat Dawan , Vishrutyi Sahni , Kabir Saund , Pramothesh Mukherjee
    Location:
    India
    Firm:
    JSA
    NCLAT: Acknowledgement of debt cannot revive the defaults that occurred during the pre-Section 10A period under the Insolvency and Bankruptcy Code, 2016, particularly when the acknowledged debt is partially paid
    2025-04-02

    The National Company Law Appellate Tribunal, Chennai (“NCLAT”) in Sudhir Bobba (Suspended Director of Servomax Limited) vs. M/s.

    Filed under:
    India, Insolvency & Restructuring, Litigation, JSA, Insolvency and Bankruptcy Code (India), National Company Law Tribunal
    Authors:
    Dheeraj Nair , Vishrutyi Sahni , Muskaan Gupta
    Firm:
    JSA
    Innovative resolutions in cirp - traversing beyond the insolvency regime
    2025-03-28

    1. Introduction

    Filed under:
    India, Insolvency & Restructuring, Litigation, Juris Corp, Insolvency, Insolvency and Bankruptcy Board of India, National Company Law Tribunal
    Authors:
    Palak Nenwani , Ronit Chopra
    Location:
    India
    Firm:
    Juris Corp
    What Is a Chapter 15 Bankruptcy and How Is It Different From a Chapter 11 Case?
    2025-03-27

    Chapter 15 of the Bankruptcy Code is a mechanism for debtors to have foreign insolvency proceedings recognized in the U.S. and to have the orders entered by a foreign court in those insolvency proceedings abroad given effect in the U.S.

    Key Issues

    RECOGNITION OF A FOREIGN MAIN PROCEEDING

    Filed under:
    USA, Insolvency & Restructuring, Litigation, Troutman Pepper Locke, Insolvency
    Location:
    USA
    Firm:
    Troutman Pepper Locke
    Corporate Debtors and Transactions at an Undervalue-Lessons From the UK Supreme Court: El-Husseini and Another v Invest Bank Psc
    2025-03-26

    The UK Supreme Court’s recent decision in El-Husseini and another v Invest Bank PSC [2025] UKSC 4 has clarified the circumstances in which section 423 of the Insolvency Act 1986 (the Act) provides protection against attempts by debtors to “defeat their creditors and make themselves judgment-proof.” This is a critical decision for insolvency practitioners, any corporate or fund which is involved in distressed deals and beyond to acquirers who were not aware they were dealing in distressed assets.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Litigation, K&L Gates LLP, Supreme Court of the United States, UK Supreme Court
    Authors:
    Clare Tanner , Sonya Van de Graaff , Anise M. Noor
    Location:
    United Kingdom
    Firm:
    K&L Gates LLP
    Application of Limitation Act to a S.9 application under IBC, 2016 and how to determine if application is within limitation
    2025-03-26

    •The limitation law concerns the primary concept of ascribing a fixed time frame within which all legal contentions are required to be raised by parties; the law in this regard is governed primarily by The Limitation Act.

    •S. 238A of IBC, 2016 provides:-

    “238A. The provisions of the Limitation Act, 1963 shall, as far as may be, apply to the proceedings or appeals before the Adjudicating Authority, the National Company Law Appellate Tribunal, the Debt Recovery Tribunal or the Debt Recovery Appellate Tribunal, as the case may be.”

    Filed under:
    India, Insolvency & Restructuring, Litigation, R&D Law Chambers, Insolvency and Bankruptcy Code (India)
    Location:
    India
    Firm:
    R&D Law Chambers
    股东争议:开曼群岛与英属维尔京群岛比较
    2025-03-24

    在当前的经济条件下,在开曼群岛(“开曼”)或英属维尔京群岛(“BVI”)注册成立的离岸公司(包括作为投资基金开展业务的公司)的股东越来越多地被迫考虑,在董事对公司事务管理不善负有责任时,其对该等董事所享有的权利。尤其是,小股东特别希望了解是否有救济措施,使其能够克服“违法者控制”的局面。换言之,通常董事会的组成和管理是由大股东控制的。在本篇文章中,我们简要介绍了在开曼和BVI两个司法管辖区,董事所承担的职责以及股东可获得的救济措施。

    董事职责的范围是什么?

    开曼群岛

    开曼公司董事的职责规定在普通法中,包括:(i)以公司的最佳利益善意行事的职责;(ii)为适当目的行使其权力的职责(而不得为未授权的目的行使其权力);以及(iii)不得牟取秘密利润的职责。

    英属维尔京群岛

    Filed under:
    British Virgin Islands, Cayman Islands, Company & Commercial, Insolvency & Restructuring, Litigation, Loeb Smith Attorneys, BVI Business Companies Act 2004
    Authors:
    Gary Smith , Robert Farrell , Elizabeth Kenny , Vanisha Harjani , Cesare Bandini , Edmond Fung , Vivian Huang , Faye Huang , Yun Sheng
    Location:
    British Virgin Islands, Cayman Islands
    Firm:
    Loeb Smith Attorneys

    Pagination

    • First page « First
    • Previous page ‹‹
    • …
    • Page 6
    • Page 7
    • Page 8
    • Page 9
    • Current page 10
    • Page 11
    • Page 12
    • Page 13
    • Page 14
    • …
    • 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