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No termination of commercial agreements in the case of German insolvency proceedings?
- Fried Frank Harris Shriver & Jacobson LLP
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- Germany
- -
- May 15 2013
Commercial agreements usually provide for extraordinary termination rights or even automatic cancellation in the case of insolvency of one of the
Events of default? Worth checking your contracts again
- Morton Fraser
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- United Kingdom
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- May 15 2013
The Supreme Court handed down an important judgement last week in the case of BNY Corporate Trustee Services Limited v Eurosail - UK 2007 - 3BL PLC
Bill for a directorship disqualification order under civil law: political posturing or a real weapon against bankruptcy fraud?
- Boekel De Nerée
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- Netherlands
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- May 13 2013
Recently the Minister of Justice issued a draft bill which, if enacted, will introduce a directorship disqualification order under civil law. The
Cold comfort: how latest case law demonstrates the limitations of comfort letters
- Wragge & Co LLP
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- United Kingdom
- -
- May 9 2013
Comfort letters can be a useful tool for providing an assurance of support from a parent to a subsidiary company. In some cases they help inform the
It pays to break the vicious debtor cycle
- Bartier Perry
- -
- Australia
- -
- May 6 2013
In the hire industry, it is common for hirers to incur significant exposure on customer accounts where credit is extended in circumstances where
German equitable subordination law a case of piercing the corporate veil?
- Kaye Scholer LLP
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- Germany
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- April 23 2013
In its decision published on March 13, 2013 (dated February 21, 2013 - IX ZR 3212), the German Federal Court of Justice (BGH or Bundesgerichtshof
UK corporate update recent cases of interest
- Fried Frank Harris Shriver & Jacobson LLP
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- United Kingdom
- -
- April 12 2013
There have been a number of recent English Court judgments of interest in the corporate field and this corporate update reports on cases relevant in
Voidable defence is further limited
- Bell Gully
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- New Zealand
- -
- April 11 2013
Section 296(3) of the Companies Act 1993 (the Act) provides a defence to creditors who have received a payment found to be a voidable transaction
Potential unlimited liability for passive shareholders of liquidated companies
- CMS Cameron McKenna
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- Hungary
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- April 8 2013
Shareholders who fail to intervene to stem the losses in a company they control may be held personally liable for the company's debts if it is
Finance litigation briefing: report and review on the latest cases and issues
- Wragge & Co LLP
- -
- United Kingdom
- -
- March 28 2013
Sale at an undervalue; time for presenting a petition; implied term avoids manifest injustice; complying with time limits; order for sale threshold
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