A lack of money despite business statements revealing a profit result is a common problem of a company, which results from the issue of the “liabilities”. In fact, the profit and even the investing capital may be held by the debtors of the company. Currently, the term “appropriation of capital” has been commonly known and, for some people, it is proudly considered as a smart act to appropriate capital of other companies. However, such people must distinguish the differences between the “lawful holding of capital” and “illegal appropriation of capital”.
Restructuring with legal reasons should be a concern for the enterprises. Why? Because the restructuring of an enterprise affects the rights and interests of employee(s) working for the enterprise.
1. Reason for changes in structure and technology
An enterprise changes structure and technology in the following cases:
Tái cấu trúc doanh nghiệp với lý do hợp pháp nên là một quan tâm đối với các doanh nghiệp. Tại sao? Vì việc tái cấu trúc doanh nghiệp ảnh hưởng rất lớn đến quyền lợi của (nhiều) người lao động trong doanh nghiệp.
1. Lý do thay đổi cơ cấu, công nghệ
Doanh nghiệp thay đổi cơ cấu, công nghệ trong các trường hợp:
The bankruptcy process is not only a tool for enterprises when they are insolvent to tackle a difficult situation but also a tool to find ways to settle debts for creditors. In the bankruptcy case, an important participant in the bankruptcy settlement process is the asset management officer(s) (“AMO”). So, who is AMO and what role does AMO play in the bankruptcy settlement process? To answer the above questions, BLawyers Vietnam would like to present the article below.
The prolonged Covid-19 epidemic has dealt a blow to enterprises in Vietnam. As a result, many enterprises must stop working. Some of them have decided to dissolve. However, to implement the enterprise’s dissolution during the Covid-19 epidemic is also a difficult problem.
Through this article, BLawyers Vietnam would like to present to enterprises about 7 remarkable matters when dissolving during the pandemic.
The recent outbreak of Covid-19 pandemic has had grave effects on people’s life as well as the economy in almost every country in the world, including Vietnam.
Recognizing the negative impacts of the pandemic on the economy, as well as the considerable difficulty of businesses in solving crises arising during this period of time, Apolat Legal publishes the “A legal handbook for businesses the COVID-19 pandemic” to provide a useful legal reference that businesses can apply to solve difficulties during this period.
Every day we read a series of articles about the economic downturn and crisis caused by the Covid-19 epidemic. Everyone understands that this is no longer in the predictions that they are coming true.
In collaboration with our foreign law firm partners, we continue to update our chart of COVID-19 measures taken by governments around the world. Today’s update includes new information for many countries as indicated in the chart: Global Government Measures Taken in Response to COVID-19.
1. On December 18th, 2020, The Supreme People’s Court issued Official Dispatch No. 199/TANDTC-PC announces the results of online answers to some problems in bankruptcy settlement
According to the Official Dispatch, the Supreme People’s Court has answered the issues that the courts need to pay attention when settling the bankruptcy procedure as follows:
Firstly, the status of an insolvency enterprise or cooperative must fully satisfy the following conditions:
As business and commerce becomes increasingly cross-border in nature, it is important for businesses to have knowledge of restructuring and insolvency regimes of foreign jurisdictions. This is particularly relevant in the Southeast Asia region, given the close connection and links amongst the Southeast Asian states.