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Results: 1-10 of 273

Events of default? Worth checking your contracts again

  • Morton Fraser
  • -
  • United Kingdom
  • -
  • 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

No termination of commercial agreements in the case of German insolvency proceedings?

  • Fried Frank Harris Shriver & Jacobson LLP
  • -
  • 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

Cold comfort: how latest case law demonstrates the limitations of comfort letters

  • Wragge & Co LLP
  • -
  • 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

Court of Appeal takes different position on the "good faith" defence to voidable transactions

  • Bell Gully
  • -
  • New Zealand
  • -
  • May 21 2013

A recent decision of the Court of Appeal (Farrell v Fences & Kerbs Limited 2013 NZCA 91) will make it very difficult for creditors to successfully

Closing your business in Colombia

  • Diaz Reus
  • -
  • Colombia
  • -
  • May 21 2013

In Colombia, as in many other countries, closing down or dissolving a business is often more complicated than setting up a new one. Although there

Bill for a directorship disqualification order under civil law: political posturing or a real weapon against bankruptcy fraud?

  • Boekel De Nerée
  • -
  • Netherlands
  • -
  • 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

Personal liability of directors to creditors overturned

  • Norton Rose Australia
  • -
  • Australia
  • -
  • June 8 2012

In our March 2012 Insurance Update we considered the potential widening of the scope for creditors to claim damages against a director personally for contravention of the Corporations Act 2001 (Act

UK corporate update recent cases of interest

  • Fried Frank Harris Shriver & Jacobson LLP
  • -
  • 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

Defending a Statutory Demand what should you look for?

  • McInnes Wilson Lawyers
  • -
  • Australia
  • -
  • January 27 2011

Statutory Demands pursuant to the Corporations Act are a mechanism available to creditors for the payment of debt

Adequate assurance under section 2-609 of the Uniform Commercial Code upon a customer’s bankruptcy filing

  • Barnes & Thornburg LLP
  • -
  • USA
  • -
  • September 10 2009

As the automotive industry continues to restructure, whether through self-liquidation or government intervention, suppliers will inevitably be confronted with many of the same issues prevalent 4-5 years ago, including a supplier’s obligation to continue to provide goods post-petition and the supplier’s rights to adequate assurance as a condition to such shipment