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Insolvency
Australia
Cathro & Partners
FEG is a scheme of last resort that provides financial assistance for unpaid employee entitlements in insolvency.
Worrells
Tough financial situations need a balance of care matched by an expert understanding of feasible options and solutions.
Worrells
ASIC considers a number of factors before deciding to investigate and take enforcement action against offenders.
Worrells
Company debts can become the director's personal debts in certain circumstances, thereby piercing the corporate veil.
Holman Webb
Recently, the ATO issued 50,000 letters of demand to company directors, giving them 21 days to resolve tax liabilities.
Cathro & Partners
When will I get paid if the Company that owes me money is placed into External Administration?
Corrs Chambers Westgarth
Reminder of the importance of appropriately evidencing debts, particularly for purposes of creditors meetings to determine next steps.
Cathro & Partners
Link to video explaining the process of members voluntary liquidation & why numerous companies may need to participate.
Bermuda
Appleby
Bermuda has an outsized, first-class insurance and financial sector, attracting complex, multinational organisations from across the world.
Kennedys Law LLP
Bermuda Chapter covers common issues in restructuring and insolvency, including issues that arise when a company is in financial difficulties, restructuring options, insolvency procedures, tax, employees and cross-border is.
Canada
Taylor McCaffrey
The Farm Protection Regime in Manitoba is built upon a disjointed combination of Federal and Provincial Statutes. Through multiple notice requirements, various administrative stays...
Pallett Valo LLP
In a recent decision, the Ontario Court of Appeal held that the sale proceeds of a property held in trust can be applied to a beneficiary's bankruptcy obligations.
Gowling WLG
Originally part of a 26 jurisdiction Country Comparative Guide by The Legal 500, this Q&A chapter on Restructuring & Insolvency in Canada has been republished with permission.
Osler, Hoskin & Harcourt LLP
On May 31, 2022, amendments to Alberta's Business Corporations Act (the ABCA) (formerly Bill 84) were proclaimed into force.
Miller Thomson LLP
La question en litige requiert de déterminer si malgré un plan d'arrangement sous la Loi sur les arrangements financiers avec les créanciers des compagnies (LCAA), les créanciers peuvent tout...
Cayman Islands
Walkers
The restructuring officer regime is a standalone rehabilitation process which does not require a winding up petition to be first presented in order to obtain the protection...
Ogier
The illegality defence (which aims to prevent a party benefiting from its illegal conduct via legal claims) has been the subject of considerable judicial analysis in commonwealth jurisdictions in recent years.
Cyprus
Elias Neocleous & Co LLC
The restructuring and insolvency practice of our firm, recently included in the world's top 100 listing of the Global Restructuring Review (GRR100), includes insolvency practitioners...
Germany
RIMON FALKENFORT Partnerschaft von Rechtsanwalten & Steuerberatern mbB
Restructuring business operations, in particular if connected with a reduction in force (RIF), is often complex and demands careful advance planning.
Oppenhoff & Partner
The past year has once again been dominated by COVID-19 and the restrictive measures imposed by the federal and state governments to combat the pandemic.
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