Berezovsky's estate: High Court provides clarity over the interpretation of
The High Court has upheld the pari passu principle central to English insolvency legislation when applied to a deceased's insolvent estate and interpreting legislation stated to be “modified accordingly”. This approach clarifies that foreign currency …
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“I just want to be paid” – overcoming insolvency challenges in the
It makes 44 recommendations aimed at overcoming many of the challenges faced by the smaller players in the construction industry. There are myriad reasons why companies go insolvent, but there are recurring structural and cultural challenges plaguing …
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German plant manufacturer Hymmen files for insolvency
German industrial plant manufacturer Hymmen GmbH, located in Bielefeld, Germany, has filed an application for the commencement of insolvency proceedings at the Local Court of Bielefeld on December 1. Because of this, the Court has started the …
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