Specialty Group: Insolvency and Restructuring

When a corporation has spent all its equity through the accumulation of losses, thus showing a negative equity in its balance sheet, Section 225 (1) of the Business Enterprise Code (UGB) prescribes that its management mu ...

Contact: Tony Stumm, Partner; Carter Newell (Queensland, Australia) It sometimes happens that stakeholders become disgruntled with the liquidator appointed to wind up the affairs of a company. So, what can be ...

Contact: Headrick Rizik Alvarez & Fernandez (Dominican Republic) On August 7, 2015, a new law on Restructuring and Liquidation of Companies and Business Persons (“Law No. 141-15”) was signed into law in the Dom ...

Contact: Cindi E. Cohen, Lerch, Early & Brewer (Maryland, USA) In the case of In re Adoni Group, Inc., the Bankruptcy Court for the Southern District of New York upheld the perfection of a security intere ...