Topic: Bankruptcy and insolvency

Australia’s small business restructuring (SBR) regime was introduced on 1 January 2021 to give financially distressed small companies a faster, cheaper alternative to voluntary administration, and, crucially, to let directors stay in control while a registered liquidator (the “restructuring practitioner”) supervises the process.

In part 3 we now touch on the peculiarities of directors’ liability related litigation and consider what directors should look out for in the context of restructurings of multinational company groups.

In this part 2, we will take a closer look at certain transaction types in the context of trading after an insolvency event.

In the first part of this three-part article, we provide a general overview of the duties and highlight key liability risks for directors of companies in financial distress.

What are the principal areas of risk for a licensee of IP rights when the licensor enters into an insolvency process? What are the steps that a licensee may take to protect itself in potential future insolvency proceedings of its licensor?

Liability management transactions (LMT) continue to generate headlines in the restructuring market and the 2024 holiday period was no exception. On New Year’s Eve, the US Court of Appeals for the Fifth Circuit gave judgment in Re Serta Simmons Bedding LLC.

In this blog, Dr. Maryam Malakotipour highlights the economic impact of EU insolvency and banking law reforms introduced since the 2008 Financial Crisis.

An explanation on the Dutch Temporary Turboliquidation Transparency Act.

The Court of Appeal overturned the High Court’s decision to sanction the Adler Group’s restructuring plan

After many had proclaimed the German StaRUG to have failed as an effective preventive restructuring regime.