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A liquidator’s equitable lien: because justice requires it
  • Corrs Chambers Westgarth
  • Australia
  • February 24 2017

This week’s TGIF considers the application of the principle in Re Universal Distributing and whether liquidators may claim an equitable lien to

Recent changes to the Greek Bankruptcy Code - aiming at efficiency and expediency
  • KG Law Firm
  • Greece
  • February 23 2017

The current insolvency regime in Greece regulated by L. 35882007 (the “Greek Bankruptcy Code” or the “GBC”) had already undergone a number of

Restructuring & Insolvency in Turkey
  • Kaçar Attorneys at Law
  • Global, Turkey
  • February 23 2017

A structured guide to restructuring & insolvency laws in Turkey

Can’t Hide Behind the Veil (When It isn’t Pierced): Court Denies Bankrupt LLC Member’s Attempt to Use the Automatic Stay to Shield Himself from Litigation
  • Weil Gotshal & Manges LLP
  • USA
  • February 23 2017

The oil and gas crisis produced yet another curious set of circumstances and a decision addressing the applicability of the automatic stay to an

  • King & Wood Mallesons
  • China, South Korea
  • February 23 2017


Effectively Defending Adversarial Actions Brought Against Former D&Os in Bankruptcy Court
  • Katten Muchin Rosenman LLP
  • USA
  • February 23 2017

For many litigants, the decision whether to prosecute or defend a lawsuit vigorously boils down to a rather basic calculus: What are my chances of

Smelting the Assets (directors’ dutiestransactions at undervalue and to defraud creditors)
  • Squire Patton Boggs
  • United Kingdom
  • February 23 2017

Dickinson v NAL (Realisations) Staffordshire Ltd is a useful case on how directors’ duties are looked at following a formal insolvency and ways in

Don’t Rob Peter to Pay Paul
  • Berger Singerman LLP
  • USA
  • February 23 2017

When businesses experience financial difficulties, it is very common for them to “rob Peter to pay Paul.” Occasionally, this takes the form of using

Bancarotta preferenziale e legittimazione del curatore fallimentare alle azioni di risarcimento dei danni: le Sezioni Unite fanno chiarezza
  • De Berti Jacchia Franchini Forlani Studio Legale
  • Italy
  • February 22 2017

Le Sezioni Unite riconoscono al curatore fallimentare legittimazione unitaria attiva ad agire, sia in sede civile che in sede penale, con qualsiasi

DIP Carve-out for Creditors’ Committee Compensation: Not a Cap upon Confirmation
  • Squire Patton Boggs
  • USA
  • February 22 2017

Recently, the United States Bankruptcy Court for the District of Delaware held that a carve-out provision in a DIP financing order did not act as an