The Cayman Islands has always been known for a few things other than its white sandy beaches. It has awell-earned reputation as a global financial hub. Many global businesses restructure through the Cayman Islands due to its...more
The Corporate Insolvency and Governance (CIG) Act 2020, which was enacted on 25 June 2020, introduces a number of permanent changes to the insolvency and restructuring framework in the United Kingdom, some of which have...more
On 28 March 2020 the Secretary of State for BEIS, Alok Sharma, announced that changes would be made to the UK insolvency laws to help companies "…emerge intact the other side of the COVID-19 pandemic…to give them extra time...more
Understanding bankruptcy laws in the UAE and DIFC in the context of COVID-19-related financial pressures. COVID-19 has already caused wide-scale disruption to numerous industries both locally and globally. Whilst efforts...more
Legislation seeks to balance debtor and creditor needs and help businesses and investors operate with confidence in the Middle East. On 11 June 2019, the Dubai International Financial Centre (DIFC) introduced a new...more
On 13 June 2019, the much anticipated DIFC Insolvency Law No. 1 of 2019 and associated DIFC Insolvency Regulations 2019 (collectively the “2019 DIFC Insolvency Law”), came into full force and effect, replacing the DIFC...more
Presented as a major measure of the five-year French presidential term, the law “on growth and business transformation”, also known as the PACTE Act, came into force on May 24th, 2019. Amongst the changes that were brought,...more
La delega al Governo prevede un intervento sistematico sulla Legge fallimentare nonché modifiche alla disciplina sulla composizione della crisi da sovraindebitamento. La legge delega n. 155/2017 ha affidato al Governo il...more