Special Report on
Insolvency law and practice
Insolvency law and practice - Trends
Latest Trending Story:
Involuntary filings under Section 303 of the United States Bankruptcy Code (the Code) by creditors trying to force foreign corporate debtors into US bankruptcy proceedings have correspondingly increased. 1 Often, these involuntary filings occur when foreign insolvency proceedings are pending, and the court may thus need to decide whether it can exercise jurisdiction. Thus, courts are required to determine whether to abstain from exercising jurisdiction over an involuntary petition, either by suspension or dismissal, and cede jurisdiction to a foreign court of insolvency pursuant to section 305(a)(1) of the Code. 2 Section ...
Historically, insolvency procedures in the Cayman Islands have been governed through the application of the UK's Insolvency Rules 1986 insofar as such rules were not inconsistent with Cayman Islands' law. While this practice worked well for many years, the UK's Insolvency Rules 1986 were not designed with Cayman Islands' Law in mind and led to a rather ad-hoc solution. In 2006, a committee of experienced Cayman Islands' insolvency specialists, and the country's Law Reform Commission conducted an extensive review and released a report making three key ... Read More
SURVEY RESULTS FOR
INSOLVENCY LAW AND PRACTICE
The Truth About Bankruptcy
Davos Annual Meeting 2010 - Redesigning Financial Regulation
- WEBINAR - Drafting and Enforcing Cross Border Contracts in Asia ...
- Webinars Subscription: Corporate & Commercial Law - LexisNexis