The New Italian Insolvency Code By Paolo Manganelli and Tommaso Paltrinieri (Ashurst LLP) On 15 July 2022, the new Italian code for business crisis and insolvency (the "New Code"), which was adopted by Legislative Decree No. 14/2019, entered into…
The Cross-Class Cramdown – Global Perspectives By Ajinderpal Singh and Debby Lim (Dentons Rodyk LLP) Introduction Since its inception by way of Chapter 11 of the United States Bankruptcy Code (“Chapter 11”) in 1978, cross-class…
Leash or noose: regulating the conduct of directors of an insolvent company By Clayton Chong (WongPartnership LLP) When one imagines the hypothetical director that insolvency law tries to regulate, three archetypes come to mind: the Founder, the…
The Rapid Commercialisation of Outer Space and the Implications for the Restructuring and Insolvency Industry  By Scott Atkins (Norton Rose Fulbright)   We are now in the midst of a new commercial space era.  Worldwide, the space…
Sequana: UK Supreme Court Rules Directors’ “Creditor Duty” Exists – Arises When a Company is Bordering on Insolvency (But Not Before) By Kate Stephenson (Kirkland & Ellis International LLP) At a Glance The UK Supreme Court recently …
What Should Come After the Implementation of the Mutual Recognition and Assistance in Cross-Border Insolvency Between Mainland China and Hong Kong? By Sau Wai Law (Hong Kong Shue Yan University) and Charles Ho Wang Mak (University of Glasgow)…
Court-Supervised Restructuring of Large Distressed Companies in Asia: Law and Policy By Wai Yee Wan (City University of Hong Kong) In my new monograph, Court-Supervised Restructuring of Large Distressed Companies in Asia: Law and Policy (Hart…
The Civil Liabilities of Directors, Shareholders and Senior Management in Winding Up Proceedings in Hong Kong By Keith Brandt and Grace Lee (Dentons Hong Kong LLP) Introduction The winding up of insolvent companies in Hong Kong is governed by the…
Implementation of the Directive on Restructuring and Insolvency: Experience of Lithuania By Virginijus Bitė, Marija Jurgelevič, Vilija Mogenytė and Salvija Mulevičienė (Mykolas Romeris University) In 2021, Lithuania adopted various amendments to…
Newly Published SME Restructuring Guidelines and Overview of Out-of-Court Workouts in Japan By Kotaro Fuji (Nishimura & Asahi)  Introduction In Japan, the Guidelines for Restructuring of Small and Medium Enterprises (Chusho-kigyo no…