Publication
What M&A trends will transform the 2024 insurance landscape?
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Global | Publication | September 2015
Statutory trusts in the context of bankruptcy proceedings have received various treatment by provincial appellate courts in recent years. In broad terms, the issue created by statutory trusts is relatively simple; can a statutory trust arising pursuant to provincial lien legislation survive bankruptcy? If the funds subject to a statutory trust constitute “property held by the bankrupt in trust for any other person”, the funds are to be remitted to the lien claimants, as beneficiaries. If they do not, the funds become part of the bankrupt estate and are to be distributed according to the scheme of distribution provided by bankruptcy legislation. The jurisprudence in this area of law is presently in a state of flux and this creates uncertainty for both secured creditors and lien claimants.
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Publication
It is widely accepted that 2023 was one of the worst years in recent memory for M&A activity.
Publication
The ongoing conflicts and further geopolitical tensions in Eastern Europe and the Middle East, coupled with upcoming elections in a number of key countries including the US and the UK, make 2024 challenging to predict what impact this will have on the insurance sector.
Publication
On 6 September 2022, the European Commission (EC) prohibited Illumina’s acquisition of Grail, bringing to an end the administrative stage of a legal saga that has attracted interest beyond competition law specialists.
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