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    The Distressed Cannabis Business: An Alternative to Bankruptcy
    2023-07-12

    Bankruptcy is Not an Option

    Bankruptcy can be a very helpful tool for a distressed business. Bankruptcy allows a business to stop collection actions, discharge certain debts, cancel unfavorable contracts, and provides breathing room to restructure the business.

    Filed under:
    Canada, Healthcare & Life Sciences, Insolvency & Restructuring, Product Regulation & Liability, White Collar Crime, Ocean Tomo, a part of J.S. Held, Due diligence, Anti-money laundering, Suspicious activity reporting, Receivership, Financial Crimes Enforcement Network (USA)
    Authors:
    Paula Durham , Scott Evans
    Location:
    Canada
    Firm:
    Ocean Tomo, a part of J.S. Held
    Moscow rules: asset tracing investigations during wartime in Ukraine
    2023-05-26

    Daria Plakhova Freshville, Jenna Burton, Abby Stanglin, Richard Bowles, Nicholas Peck and Warren Feldman, Nardello & Co

    This is an extract from the 2023 edition of GIR's Europe, Middle East and Africa Investigations Review. The whole publication is available here. 

    Filed under:
    Russia, Ukraine, Corporate Finance/M&A, Insolvency & Restructuring, Trade & Customs, White Collar Crime, Global Investigations Review, Venture capital, Anti-money laundering, Anti-bribery and corruption, European Commission, US Department of Justice, European Parliament, Financial Crimes Enforcement Network (USA)
    Location:
    Russia, Ukraine
    Firm:
    Global Investigations Review
    金融审判工作会议纪要前瞻——刘贵祥专委讲话稿研读(下): 有效治理“逃废债”的法律适用及金融民刑交叉案件审理
    2023-05-26

    关于最高人民法院审委会专职委员刘贵祥大法官在全国法院金融审判工作会议上发表的题为“关于金融民商事审判工作中的理念、机制和法律适用问题”的讲话(“讲话稿”),我们在上篇及中篇中对“关于进

    Filed under:
    China, Company & Commercial, Insolvency & Restructuring, Litigation, White Collar Crime, King & Wood Mallesons, Bankruptcy, Supreme People's Court
    Authors:
    Wang Jianjian , Li Sheng
    Location:
    China
    Firm:
    King & Wood Mallesons
    Risks and reforms: the UAE adjusts to a shifting landscape
    2023-05-26

    Morgan Heavener, Darren Mullins and Paul Wright, Accuracy

    This is an extract from the 2023 edition of GIR's Europe, Middle East and Africa Investigations Review. The whole publication is available here. 

    Filed under:
    United Arab Emirates, Compliance Management, Insolvency & Restructuring, IT & Data Protection, White Collar Crime, Global Investigations Review, Private equity, Cybercrime, Due diligence, Cryptocurrency, Personal data, Anti-money laundering, Data privacy, Anti-bribery and corruption, GDPR
    Location:
    United Arab Emirates
    Firm:
    Global Investigations Review
    APAC and Africa: ‘bright spots’ in the global economy
    2023-05-25

    APAC and Africa are diverse and multifaceted regions. APAC is set to contribute 70% of global growth whilst Africa is showing remarkable resilience in many sectors. We’ll learn from our members what this means for those looking to do business in these regions.

    APAC

    Filed under:
    Africa, Asia-Pacific, Arbitration & ADR, Capital Markets, Company & Commercial, Copyrights, Corporate Finance/M&A, Employment & Labor, Insolvency & Restructuring, Litigation, Tax, White Collar Crime, IR Global, Foreign direct investment, Artificial intelligence, Data protection, Omnibus Law 2021 (Indonesia)
    Location:
    Africa, Asia-Pacific
    Firm:
    IR Global
    Asian Legal Update 2023年第1四半期(1-3月)
    2023-05-19

    戦略的提携・拠点開設のお知らせ クアラルンプール 1 アジアでのさらなる体制強化のため、2023 年 1 月より WM Leong & Co と当事務所のシンガポール拠点である Nishimura & Asahi (Singapore) LLP が、マレーシア業務に関して戦略的提携を行っております。 WM Leong & Co は、マレーシア法において豊富な知識・経験を有するワンメイ・リョン マレーシア弁護士が代表を 務めるマレーシアの独立した法律事務所です。WM Leong & Co との戦略的提携の下で、マレーシアが関わるクロ スボーダー案件について豊富な経験を有する眞榮城大介弁護士および当事務所シンガポール事務所所属の弁 護士が中心となり WM Leong & Co と緊密に連携しながらクライアントのマレーシア事業の拡大および現地ビジネ スのサポートを行ってまいります。2 札幌 2023 年 4 月に札幌事務所を開設しております。道内企業での執務経験を有し、コーポレート・M&A・エネルギーの 分野ならびに海外案件支援に強みを持つ坪野未来弁護士が所属しており、身近なところでご相談をいただきなが ら、きめの細かいアドバイスを提供いたします。

    Filed under:
    India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Banking, Competition & Antitrust, Employment & Labor, Insolvency & Restructuring, Tax, White Collar Crime, Nishimura & Asahi
    Location:
    India, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam
    Firm:
    Nishimura & Asahi
    Gambling Act White Paper: what you need to know
    2023-04-27

    The Government has finally issued its Policy Paper “High Stakes: gambling reform for the digital age”.

    Nigel Huddleston, Minister for Sport, Tourism and Leisure launched the Government’s call for evidence in December 2020. It has taken over two years for the Government’s response to be published.

    Filed under:
    United Kingdom, Insolvency & Restructuring, Internet & Social Media, Leisure & Tourism, White Collar Crime, Keystone Law, Gaming, Anti-money laundering
    Authors:
    Richard Williams
    Location:
    United Kingdom
    Firm:
    Keystone Law
    Founder Series: Top Tips on Complying with Directors’ Duties Under English Law
    2023-04-27

    Orrick's Founder Series offers monthly top tips for UK startups on key considerations at each stage of their lifecycle, from incorporating a company through to possible exit strategies. The Series is written by members of our market-leading London Technology Companies Group (TCG), with contributions from other practice members. Our Band 1 ranked London TCG team closed over 320 growth financings and tech M&A deals totalling US$9.76bn in 2022 and has dominated the European venture capital tech market for 7 years in a row (PitchBook, FY 2022).

    Filed under:
    United Kingdom, Company & Commercial, Insolvency & Restructuring, White Collar Crime, Orrick, Herrington & Sutcliffe LLP, Articles of association, Anti-bribery and corruption, Bribery Act 2010 (UK), Insolvency Act 1986 (UK)
    Authors:
    Jamie Moore , Kristy Hart , Francis Tsui
    Location:
    United Kingdom
    Firm:
    Orrick, Herrington & Sutcliffe LLP
    Caribbean Regulatory Update - Q2 2023
    2023-04-18

    BVI UPDATES 1. Changes to FSC fees The Financial Services (Fees) (Amendment) Regulations, 2023 came into force on 1 April 2023, with the exception of fees relating to the virtual asset services provider regime which came into force on 1 February 2023.

    Filed under:
    British Virgin Islands, Cayman Islands, OECD, Banking, Company & Commercial, Insolvency & Restructuring, White Collar Crime, Mourant
    Location:
    British Virgin Islands, Cayman Islands, OECD
    Firm:
    Mourant
    Innocent Business Partner’s Fraud Liability Survives Bankruptcy
    2023-04-12

    Sometimes a debtor is liable for fraud that she did not personally commit,” held the U.S. Supreme Court on Feb. 22, 2023, when the debtor’s business partner had deceptively obtained money by fraud, thereby making the innocent partner liable for a nondischargeable debt under Bankruptcy Code (Code) §523(a)(2)(A) (“any debt from money “obtained by … fraud” not dischargeable and survives debtor’s bankruptcy). Bartenwerfer v. Buckley, 2023 WL 2144417 (Feb. 22, 2023).

    Filed under:
    USA, Company & Commercial, Insolvency & Restructuring, Litigation, White Collar Crime, Schulte Roth & Zabel LLP, Bankruptcy, Fraud, Supreme Court of the United States
    Authors:
    Michael L. Cook
    Location:
    USA
    Firm:
    Schulte Roth & Zabel LLP

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