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Insolvency
Australia
ClarkeKann Lawyers
Summary of insolvency reforms that are intended to give businesses more control over how they restructure debts.
Johnson Winter & Slattery
The limitation period for recovering loans repayable ‘on demand' is a matter often overlooked by creditors and insolvency practitioners.
Corrs Chambers Westgarth
This TGIF looks at the NSW Supreme Court's recent guidance on factors relevant to when a winding up ought be terminated.
Worrells Solvency & Forensic Accountants
The government has not agreed to release directors from personal liability for unpaid PAYG, GST, WET or LCT tax debts.
Worrells Solvency & Forensic Accountants
The new regime is expected to make it more commercially viable for small businesses to restructure out of insolvency.
Worrells Solvency & Forensic Accountants
The proposed insolvency reforms to support small business may be rushed through Parliament to commence on 1 January 2021.
Worrells Solvency & Forensic Accountants
A company director who chooses to trade-on past the 31 December 2020 has no retrospective insolvent trading protection.
Lynch Meyer Lawyers
The Court recently again had regard to what will constitute an adjournment being "in the best interests of creditors".
Canada
Norton Rose Fulbright Canada LLP
In a split decision issued earlier today, the Supreme Court of Canada (SCC) upheld the Alberta Court of Appeal's majority decision in Chandos Construction Ltd. v. Deloitte Restructuring Inc
Lenczner Slaght
In Chandos Construction Ltd v Deloitte Restructuring Inc ("Capital Steel") a strong majority of the Supreme Court of Canada affirmed the continuing relevance in Canada of the common-law anti...
Osler, Hoskin & Harcourt LLP
Earlier this year, the Ontario Court of Appeal released its decision in Urbancorp Cumberland 2 GP Inc. (Re) [PDF], which clarifies the scope and effectiveness of a section 9(1) vendor's trust under...
McCarthy Tétrault LLP
In the matter of the Companies' Creditors Arrangement Act (the "CCAA") of North American retailer Groupe Dynamite, Justice Kalichman of the Superior Court of Québec ...
Blake, Cassels & Graydon LLP
The turbulent COVID-19 economy has put a spotlight on the complex and often delicate insolvency process on both sides of the border.
Blake, Cassels & Graydon LLP
The turbulent COVID-19 economy has put a spotlight on the complex and often delicate insolvency process on both sides of the border. Listen to partners Linc Rogers, ...
Cayman Islands
Walkers
As part of the on-going restructuring of the LATAM Airlines group, the Grand Court of the Cayman Islands (the "Court") recently approved an application made by the joint provisional liquidators...
India
Singh & Associates
In the last few years, it has been noticed that the 尊龙游戏homebuyers struggle to get their decree executed as the orders of the Real Estate Regulatory ity ("RERA") have not been executed.
Phoenix Legal
India enacted the Insolvency and Bankruptcy Code, 2016 (IBC) to provide a new and an exclusive framework for reorganisation and insolvency resolution.
Singh & Associates
Nearly all discussions and coverages on the Insolvency and Bankruptcy Code, 2016 ("Code"), highlight the process of Resolution of Corporate persons...
VGC Law Firm
Recently, the National Company Law Appellate Tribunal (NCLAT), in Jagdish Prasad Sarada v. Allahabad Bank 2020 SCC OnLine NCLAT 621, has allowed the appeal filed by the Managing Director of the Corporate Debtor.
S.S. Rana & Co. Advocates
In a recent case, the NCLAT permitted exit or withdrawal from Corporate Insolvency Resolution Process after Interim Resolution Professional was appointed and moratorium was imposed in the case.
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