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Insolvency & Restructuring

February 09 2018
Amy Patterson Dealing with distress

United Kingdom - Taylor Wessing

Investors may, for reasons outside of their control, find themselves with a financially distressed company in their portfolio and possibly in unfamiliar territory. For any distressed situation, being mindful of early warning signs and initiating contingency planning options sooner rather than later will assist in navigating what can sometimes seem like a minefield of issues which arise on an insolvency.

Author: Amy Patterson
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Todd E Phillips First Circuit finds creditors' committees have unconditional right to intervene in adversary proceedings

USA - Caplin & Drysdale, Chartered

The First Circuit Court of Appeals recently held that Section 1109(b) of the Bankruptcy Code provides a creditors' committee with an "unconditional right to intervene" in an adversary proceeding. This decision further bolsters the right of creditors' committees to intervene in and be heard on all matters within a bankruptcy case and positions the First Circuit in line with the Second and Third Circuits, which both have similarly concluded that the code affords an unconditional right to intervene.

Authors: Todd E Phillips, Kevin Maclay, Sally Sullivan
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Recent updates

Stelios Christofides Disagreement over who is preferential creditor in liquidation of state-owned company

Cyprus - George Z Georgiou & Associates LLC

Author: Stelios Christofides
Esther Goldschmidt Stricter scrutiny of inactive companies

Belgium - ALTIUS

Authors: Esther Goldschmidt, Bart Heynickx
PierDanilo Beltrami First steps in Bankruptcy Law reform process

Italy - Lombardi Segni e Associati

Author: PierDanilo Beltrami
Amy Patterson Committal of bankrupt for contempt

United Kingdom - Taylor Wessing

Author: Amy Patterson

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