Third party releases are provisions that release non-debtors, such as officers, directors, shareholders, or non-debtor affiliates, from claims and causes of action held by creditors or other non-debtor parties.
July 16, 2018
Australian insolvency laws recently underwent the most comprehensive review and reform since the early 1990s.
Over the last several years, equity security holders have increasingly requested the appointment of official equity committees to represent their interests in bankruptcy cases.
We are pleased to announce that we have expanded our Restructuring Newswire to include articles from all the jurisdictions worldwide.
Airline insolvencies differ from insolvencies of companies in other business sectors in a number of key respects.
A newsletter focusing on the latest developments in the US and on cross-border cases between the US and other countries
The Securities and Exchange Commission amended the definition of "smaller reporting company" or "SRC," increasing the number of registrants eligible for reduced disclosure.
July 09, 2018
In the past two months, the China Banking and Insurance Regulatory Commission (CBIRC) has continuously issued regulations to further liberalise the restrictions in the financial services industry and to implement CBIRC’s financial reform roadmap as set out in the Measures on Facilitating the Further Opening-up of Banking and Insurance Sectors issued on 27 April 2018.
Broad-based black economic empowerment (BEE) is a government policy to advance economic transformation and enhance the economic participation of Black people (African, Coloured and Indian people who are South African citizens) in the South African economy.
Increasing demands for shell companies for backdoor listings have led to an increase in the value of the listing status.
July 06, 2018