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Second Circuit Affirms Mandatory Subordination of Employees’ Securities Claims
  • Schulte Roth & Zabel LLP
  • USA
  • May 19 2017

Claims held by employees of a Chapter 11 debtor based on “restricted stock units (‘RSUs’) must be subordinated under Bankruptcy Code 510(b) to


FAQ: Recent Developments in US Law Affecting Pension and OPEB Claims in Restructurings (2017)
  • Latham & Watkins LLP
  • USA
  • May 11 2017

From theory to practice, planning to enforcement, the answers to 42 of the most frequently asked questions can help you prepare, cope or respond to a


ERISA Benefits and a Claimant��s Bankruptcy: When Judicial Estoppel Requires Dismissal of Lawsuits Seeking Long Term Disability Benefits
  • Lane Powell PC
  • USA
  • May 9 2017

Don’t forget that . Judicial estoppel can require dismissal of a Claimant’s suit for ERISA-governed long term disability (LTD) benefits if the


Any Port in a Storm? Analysing safe harbour and ipso facto insolvency reforms
  • Corrs Chambers Westgarth
  • Australia
  • May 5 2017

Much has been written and discussed about Australia’s draconian insolvent trading laws and the Federal Government has taken note. It has released


Federal Government loses out on corporate collapse: The case for legislative reform
  • Corrs Chambers Westgarth
  • Australia
  • April 27 2017

A recent Victorian Supreme Court decision has resulted in the Commonwealth losing priority status for some $3.8m paid to the employees of a collapsed


Week 14 De belangrijkste Hoge Raad uitspraken van deze week, waaronder 'Wetenschap van benadeling bij het aangaan van een overwaarde-arrangement?
  • Houthoff Buruma
  • European Union, Netherlands
  • April 7 2017

De HR bevestigt dat sprake is van wetenschap van benadeling in de zin van art. 42 Fw indien ten tijde van de handeling het faillissement en een


Payroll tax considerations for restructuring and insolvency professionals
  • McCullough Robertson
  • Australia
  • March 10 2017

The State revenue authorities are becoming savvier in identifying tax shortfalls, whilst simultaneously improving the effectiveness of their debt recovery processes. In recent years, this has involved enforcing the joint and several liability provisions to try and ensure recovery of unpaid liabilities from group members


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


BREXIT: charting a new course
  • Herbert Smith Freehills LLP
  • European Union, Global, OECD, United Kingdom, USA
  • February 21 2017

If 2016 ended with more questions than answers as to how Brexit would take shape, 2017 began with at least a little more clarity. Speeches delivered


Pensions Update: The Pensions (Amendment) Bill - Stay of Execution For Defined Benefit Schemes?
  • Mason Hayes & Curran
  • Ireland
  • February 17 2017

We examine the scope of the Pensions (Amendment) (No. 2) Bill 2017 and look at the potential impact on defined benefit pension schemes in Ireland, if