[PDF] Top 20 Cross Border Guide to Restructuring and Insolvency (China and Hong Kong)

... if cross border recognition of insolvency procedures with a particular foreign jurisdiction is recognised, the parties will need to examine the scope of the treaty and apply for recognition and ... See full document

... to restructuring and insolvency, courts have explicitly referred to (international) recom- mendations made by standard-setting ...and insolvency administrators to operate effectively and effi- ... See full document

... debt restructuring agreement approved by at least 75% of the creditors in the class must be extended to certain dissenting minorities of ...of insolvency and restructuring procedures, mechanisms for ... See full document

... Most reorganisations will be contained in a standstill agreement between the company and its creditors. The central aim of a standstill agreement is to ensure that facilities and credit are maintained during the ... See full document

... With multiple levels of exposure across print, web and events our packages make it easier to manage your marketing workload and deliver significant savings. You can gain a competitive advantage with year-round exposure ... See full document

... Since we opened our doors for business in 2005, we have been involved in restructuring or rescue deals affecting employers which otherwise face certain insolvency. The negotiations that take place to agree ... See full document

... financial restructuring of the trust, (ii) with security from the trust in the form of a pledge/assignment of its various interests in corporations or partnerships (whether those interests are comprised of ... See full document

... If there are concurrent proceedings in Cyprus and abroad against a foreign company, the Cyprus courts consider the local pro- ceedings as subsidiary to the foreign proceedings. Generally, Cyprus courts recognise ... See full document

... The main function and duty of a trustee in bankruptcy (trustee) is to get in, realise and distribute the bankrupt’s estate in accordance with the applicable provisions of the Insolvency Act 1986 (IA 1986). As part ... See full document

... In cross-border cases, have the courts in your country entered into cross-border insolvency protocols or other arrangements to coordinate proceedings with courts in other countries? ... See full document

... In the meantime, it was decided to overhaul the Companies Act and to replace it in full with a new Companies Act. The new Com- panies Bill has been published but is unlikley to be enacted and in force before 2009/2010. A ... See full document

... Once the bankruptcy request is filed, the court issues an order for the embargo and deposit of the assets, the books, and other docu- ments of the debtor; arranges the appointment of an[r] ... See full document

... The notices which will need to be given to creditors will depend upon the type of liquidation or scheme process. Generally, creditors will be given notice of a meeting to appoint a liquidator or to approve a scheme and ... See full document

... optimal insolvency solutions ex post after the opening of insolvency proceedings (and in view of future restructuring of the business) and the respect of pre-insolvency rights and expectations ... See full document

... the Insolvency and Restructuring team’s E-Briefs will be aware, winding up petitions once issued by a Court can be prevented from continuing by the company obtaining an injunction restraining the ... See full document

... that is conditioned upon the financial condition of, or the commencement of a restructuring, insolvency, bankruptcy, or other proceedings (or a similar or analogous process) by, the elig[r] ... See full document

... international insolvency regimes and law, it provides a theoretical insight that will instigate a move to find potential solutions that are much needed to resolve the cross-border conflicts arising ... See full document

... more cross-border credits because they do not have sufficient knowledge about the applicable personal insolvency regimes in other Member States (where these regimes ...business insolvency ... See full document

... Canco applies a portion of the forgiven amount to reduce the ACB of the shares of CanSub or US Sub, the application will in effect be wasted (i.e., 50% of that portion would still result in an income inclusion) to the ... See full document

... EU Insolvency Regulation and the introduction of UNCITRAL model law on Cross Border Insolvency, international companies have increasingly taken the opportunity to move their Centre of Main ... See full document