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Ireland to adopt ‘Alternative A’ insolvency remedies set out in Cape Town Convention
  • Matheson
  • Ireland
  • October 1 2014

The State Airports (Shannon Group) Act 2014 (the "Act") was signed into law on 27 July 2014. The Act is further evidence of the Irish

Supreme Court decides Olympic Airlines did not have an establishment in the UK
  • Taylor Wessing
  • United Kingdom
  • May 6 2015

An "establishment" requires business and business activity to be carried out involving dealings with third parties and not simply acts of internal

Restructuring over liquidation
  • Prager Dreifuss
  • Switzerland
  • June 1 2015

The collapse in 2001 of Switzerland’s national airline Swissair, until then regarded as a symbol of the country’s reliability and efficiency, sparked

Supreme Court guidance on the meaning of “establishment” in council regulation EC 13462000 on insolvency proceedings (“Insolvency Regulation”)
  • Mayer Brown LLP
  • European Union
  • April 30 2015

The Supreme Court (unanimously dismissing the appeal in Trustees of Olympic Airlines SA Pension & Life Assurance Scheme v Olympic Airlines SA) has

Repossession - practical steps and pointers
  • Norton Rose Fulbright LLP
  • Australia
  • January 22 2015

The process of repossession will involve complex issues of fact and law. Each one is different depending upon the jurisdiction involved, the approach

Trustees of the Olympic Airlines SA Pension and Life Assurance Scheme v Olympic Airlines SA
  • Clyde & Co LLP
  • United Kingdom
  • July 22 2015

In April 2015, the Supreme Court dismissed an appeal bought by The Trustees of the Olympic Airlines SA Pension and Life Assurance Scheme ("the

EU political update: 8 - 12 December 2014
  • Clifford Chance LLP
  • European Union
  • December 9 2014

As of 1 December 2014, the normal powers of the European Commission and the Court of Justice of the European Union apply to criminal matters in the

Supreme Court decides Olympic Airlines case and the meaning of establishment for European regulation on insolvency
  • Clifford Chance LLP
  • European Union
  • May 12 2015

On 29 April the English Supreme Court declined an appeal by The Trustees of a pension scheme in relation to Olympic Airlines SA, the former

Should the UK adopt Cape Town’s Alternative A Insolvency regime? Lessons from the US and Canada
  • Dentons
  • Canada, United Kingdom, USA
  • December 11 2014

The UK is consulting on whether to incorporate Cape Town’s Alternative A insolvency regime into English law. Alternative A is based on s 1110 of

Creditor's claim for attorney fees not entitled to secured status
  • Duane Morris LLP
  • USA
  • December 19 2014

The "American rule" is a well-defined legal principle applied by courts throughout the United States that holds each party to a dispute responsible