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    Coronaschulden? Turbulente tijden nog lang niet voorbij
    2023-11-08

    Denkt u nog wel eens terug aan de verplichte lockdown, avondklok en andere maatregelen tijdens de coronapandemie? Ogenschijnlijk ligt de coronacrisis ver achter ons. Maar tienduizenden ondernemers kampen dagelijks nog met de nasleep. Wij vertellen u meer over de huidige stand van zaken en acties die u kunt ondernemen.

    Belastingmaatregelen tijdens de coronapandemie

    Vooral belastingschulden hangen dreigend als zwaard van Damocles boven duizenden ondernemingen. Om hen te ondersteunen zijn diverse belastingmaatregelen genomen, zoals:

    Filed under:
    Netherlands, Insolvency & Restructuring, Tax, Grant Thornton Netherlands
    Authors:
    Henk van der Schouw
    Location:
    Netherlands
    Firm:
    Grant Thornton Netherlands
    (UK) HMRC and Restructuring Plans: The Next Chapter
    2023-11-06

    A thorny question facing a company when considering a Restructuring Plan is how to deal with HMRC particularly following HMRC’s opposition to recent plans.

    Creditors now have some assistance in these deliberations thanks toguidance published by HMRC setting out how they will approach discussions with companies considering a Restructuring Plan.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Tax, Squire Patton Boggs, HM Revenue and Customs (UK)
    Authors:
    Helena Clarke , Rachael Markham
    Location:
    United Kingdom
    Firm:
    Squire Patton Boggs
    Rise in company insolvencies is a flag for directors to be mindful of duties
    2023-11-01

    The recent news on the BBC about the rise in insolvencies makes for tough reading. But those who are in business already know how difficult it is out there as they try to weather the trading conditions. Inflationary pressures are increasing the costs of providing goods and services to customers, eroding profitability.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Tax, Brodies LLP, Coronavirus, Insolvency, HM Revenue and Customs (UK), BBC, Insolvency Service (UK)
    Authors:
    Lucy McCann
    Location:
    United Kingdom
    Firm:
    Brodies LLP
    Taking security after the enactment of the Moveable Transactions (Scotland) Act
    2023-10-30

    With the passing of the Moveable Transactions (Scotland) Act (MTSA) (likely to pass into law in 2024) the way in which we take security over rights and assets in Scotland will be brought firmly into the 21st century, doing away with the need to rely on statutes from as long ago as 1862 and a smattering of case law which has fostered uncertainty in the market for almost as long.

    Filed under:
    United Kingdom, Banking, Insolvency & Restructuring, Tax, DLA Piper, HM Revenue and Customs (UK)
    Authors:
    Sarah Letson , Allan Leal
    Location:
    United Kingdom
    Firm:
    DLA Piper
    Restructuring plans - do’s and don’ts
    2023-10-27

    Restructuring plans under Part 26A of the Companies Act 2006 are a powerful tool for restructuring the debts of a company.

    Filed under:
    European Union, United Kingdom, Insolvency & Restructuring, Tax, Macfarlanes LLP, Private equity, HM Revenue and Customs (UK), Companies Act 2006 (UK)
    Authors:
    Paul Keddie
    Location:
    European Union, United Kingdom
    Firm:
    Macfarlanes LLP
    Kwartaalupdate Bestuurdersaansprakelijkheid Q3 2023
    2023-10-23

    www.ploum.nl Kwartaalupdate Bestuurdersaansprakelijkheid Q3 2023 1 START IT UP! Introductie Auteurs: Thomas Munnik en Annerieke Meerkerk In het derde kwartaal van 2023 zijn op www.rechtspraak.nl verschillende uitspraken gepubliceerd waarin de ingestelde vordering gegrond was op bestuurdersaansprakelijkheid. In deze Kwartaalupdate Bestuurdersaansprakelijkheid voor Q3 2023 is een selectie gemaakt uit deze uitspraken. De navolgende onderwerpen komen aan bod: 01. Bestuurder aansprakelijk vanwege onjuiste mededelingen? (Gerechtshof Arnhem-Leeuwarden 5 september 2023) 2 02.

    Filed under:
    Netherlands, Company & Commercial, Insolvency & Restructuring, Litigation, Tax, Ploum
    Location:
    Netherlands
    Firm:
    Ploum
    UK Insolvency Statistics Q2 2023: our analysis
    2023-10-18

    Analysis and Commentary on the Insolvency Statistics Q2 2023

    The quarterly insolvency statistics for April to June 2023 show that corporate insolvencies across the UK1 are at a 14-year high.

    Increased insolvencies appear to be continuing with the monthly statistics for both August and September 2023, showing corporate insolvency numbers were higher than the same month last year. July’s figures showed a slight decrease year on year.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Tax, DLA Piper, Coronavirus, Insolvency, HM Revenue and Customs (UK), BBC, Corporate Insolvency and Governance Act 2020
    Authors:
    Jonathan Richards
    Location:
    United Kingdom
    Firm:
    DLA Piper
    Summertime sadness for businesses as insolvencies continue to climb
    2023-10-10

    As can often be the way, August was a disappointing month for many, with the dull and dreary weather casting a shadow over plans made for the school holidays. So too, it seems, was August a bad month for the business community – perhaps in some cases linked to the weather, with poorer performance by seasonal businesses reliant on fair weather custom.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Tax, Stevens & Bolton LLP, Insolvency, HM Revenue and Customs (UK)
    Authors:
    Tim Carter , Lucy Trott
    Location:
    United Kingdom
    Firm:
    Stevens & Bolton LLP
    English Law Creditors Bound by Irish Scheme of Arrangement
    2023-10-09

    Executive Summary

    In a radical departure from settled case law, the English High Court has eroded the protections of English law creditors guaranteed by the Rule in Gibbs1 .

    Filed under:
    Ireland, United Kingdom, Insolvency & Restructuring, Litigation, Tax, Katten Muchin Rosenman LLP, Supply chain, HM Revenue and Customs (UK), UK Supreme Court
    Authors:
    Sonya Van de Graaff , Prav Reddy , Mark Johnson , Dominique Hodgson , Dodie Tinwell
    Location:
    Ireland, United Kingdom
    Firm:
    Katten Muchin Rosenman LLP
    Cayman Regulatory Update - Q3 2024
    2024-07-11

    FinReg Update [Jurisdiction] 2024 Regulatory Update Cayman – Q3 2024 Quick Fire Updates mourant.com 1. CRS reporting reminders The Department for International Tax Cooperation (DITC) issued an Updates Bulletin in June 2024 reminding Cayman Islands financial Institutions (FIs) of the following common reporting standard (CRS) annual reporting obligations: CRS Filing Declaration – required by all FIs with a CRS reporting obligation (deadline 31 July 2024) • FIs must make a CRS return to the DITC for each Reportable Account maintained during the reporting period.

    Filed under:
    Cayman Islands, Banking, Capital Markets, Company & Commercial, Insolvency & Restructuring, Tax, White Collar Crime, Mourant, Corporate governance, Climate change, Due diligence, Anti-money laundering
    Location:
    Cayman Islands
    Firm:
    Mourant

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