Cross-border insolvency and restructuring – International Law Office

Overseas assistance Representation of the Viscount Comment As a jurisdiction, Jersey is at the heart of cross-border insolvency and restructuring. Inevitably, situations arise where insolvent companies’ assets or important evidence are located overseas, or an overseas liquidation regime would be best for creditors. Conversely, there will be situations where a foreign insolvency process requires…

India’s company law tribunal admits insolvency petition against apparel brand Provogue – DEALSTREETASIA

August 3, 2018 The Mumbai bench of the National Company Law Tribunal admitted Provogue (India) Ltd for insolvency resolution on Thursday, making it the fourth company from the textile and garment sector to attempt loan resolution in bankruptcy courts. Reid & Taylor India Ltd, Mandhana Industries and Alok Industries Ltd are already in various stages…