Antecedent Liabilities in Insolvency Proceedings in India – The National Law Review

Friday, November 6, 2020 Introduction By the fourth amendment to the Insolvency and Bankruptcy Code, 2016 (IBC), Section 32A was introduced. Section 32A states that any liability of the corporate debtor for an offence committed prior to or during corporate insolvency resolution proceedings (CIRP) will stand extinguished from the date the resolution plan is approved…

Denimwear Rifle Declared Bankrupt – WWD

MILAN Another style icon of the Eighties risks disappearing from the fashion map. Denim brand Rifle, which celebrated its 60th anniversary in 2018, has been declared bankrupt by a court in Florence, Italy. Established by Tuscan brothers Giulio and Fiorenzo Fratini, who in the late Forties started importing denim cloth from North Carolina, the brand…

Derbarl Yerrigan Health Service in special administration – National Indigenous Times

BREAKING: Perth-based Indigenous health provider Derbarl Yerrigan Health Service was placed under special administration on Friday despite protest from two Board Directors. In an announcement via Facebook, Derbarl Yerrigan Deputy Chair Laurence Riley said six members of the Board moved a resolution at a meeting on Thursday night to put the health service into voluntary…

Schulte Roth & Zabel Announces Addition of Distressed Investing and Restructuring Lawyer Douglas S. Mintz – Business Wire

NEW YORK–(BUSINESS WIRE)–Schulte Roth & Zabel (SRZ), a leading law firm serving the financial services industry, has announced the addition of Douglas S. Mintz as a partner and co-chair of the Business Reorganization Group. Mr. Mintz is resident in the Washington, DC office. He was previously a partner at Orrick, Herrington & Sutcliffe. Mr. Mintzs…