Category Archives: Liquidation

Corporate Bankruptcy Insolvency Litigation | Cohen & Gresser LLP – JDSupra – JD Supra

ROUNDTABLE September 2021Rewriting the rulebook: building a post-pandemic boardTo realise a companys vision, the right team will need to be assembled.www.financierworldwide.comIssue 225 September 2021FEATUREConsolidating US healthcare:a paradigm shift in delivery SPECIAL REPORTPrivate equityROUNDTABLECorporate bankruptcy &insolvency litigationTHIS ISSUE:CORPORATE BANKRUPTCY & INSOLVENCY LITIGATIONThe corporate bankruptcy & insolvency litigation landscape has experienced a turbulent period over the past…

Integrity of insolvency processes: A tough ask – Mint

Henry Paulson, former US treasury secretary and Goldman Sachs chairman, is believed to have once said that regulation always lags innovation. It is also true, conversely, that good regulatory frameworks always anticipate changes, or require minimal tweaking as changes occur. Indias bankruptcy regulator, the Insolvency and Bankruptcy Board of India (IBBI), has been forced to…

Pensions Co. Enters Liquidation To Meet Clients’ Complaints – Law360

Law360, London (September 1, 2021, 4:43 PM BST) — A provider of self-invested personal pensions has entered into liquidation in a move to help it deal with complaints from customers, the City watchdog has said, after it found that the company won business from unauthorized introducers. DAC Pensions Ltd. has placed itself into creditors’ voluntary…

BREAKING: kikki.K Enters Voluntary Administration for Second Time in Two Years – Power Retail

kikki.K has collapsed for the second time in two years, after it was acquired by Texas-based retailer, Erin Condren, in June 2020. The stationery company, which was founded in Melbourne in 2001 by Kristina Karlsson and Paul Lacy, entered voluntary administration again after its recent sale to Texas-based Erin Condren Designs (EC). kikki.K first entered…

Workers left high and dry after company closes its doors – Stuff.co.nz

MARTIN DE RUYTER/Stuff Challenge Marine employees were surprised by the liquidators letter, but the signs of trouble were there, an employee said. Employees of a marine company have been left without income or tools after the business went into liquidation at level 4 owing more than $3.8 million. Around a dozen employees worked at Challenge…

Lockdown forces kikki.K into administration again – 9News

Stationery company kikki.K has gone into voluntary administration for the second time in 17 months. Kikki.K co-founders Kristina Karlsson and Paul Lacy have written to staff to tell them the difficult news, The Australian Financial Review reports. “Today is a sad day. Writing this note together is a sad task and we still can’t quite…

RERA better suits homebuyers than IBC to solve issues – Mint

The Insolvency and Bankruptcy Code (IBC) was enacted to ensure a cultural transformation in the insolvency and bankruptcy landscape. It established a new architecture for insolvency resolution and liquidation. Strict timelines were introduced and a code for judicial restraint was built into the law at every step of the process. It also established the Insolvency…

ALB Asia’s Top 15 Offshore Litigators | Asian Legal Business – Legal Business Online

In its annual list of Asias Top Offshore Litigators, ALB highlights top disputes practitioners working with offshore law firms, who have successfully handled significant cases and exceeded client expectations in the process. The full list is in alphabetical order, and a few lawyers have been profiled here. JOANNE COLLETTWalkers STUART DADDONAWalkers AISLING DWYERMaples Group ROBERT…

Infra regulators, SEBI need to work in tandem for successful insolvency resolution of INvit: Aashit Shah – Daily Excelsior

Mumbai, Aug 30: Aashit Shah, Partner, J Sagar Associates, has said that infrastructure regulators and Securities and Exchange Board of India (SEBI) would need to work in tandem for a successful insolvency resolution of an INvit which may involve a change in the sponsor, investment manager or trustee or transfer of an infrastructure asset. In…

IBBI proposes amendments in liquidation norms to increase transperancy – Business Standard

In a bid to increase transparency in the liquidation process under the Insolvency and Bankruptcy Code (IBC), IBBI has proposed amendments to the regulations TopicsIBBI|IBC|liquidation IANS | New Delhi Last Updated at August 30, 2021 13:30 IST In a bid to increase transperancy in the liquidation process under the Insolvency and Bankruptcy Code (IBC), IBBI…