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The Impact of Brexit on Close-out Netting Opinions

The Impact of Brexit on Close-out Netting Opinions  Published 2 months ago Robert Peat, Consultant, D2 Legal Technology On 1 December 2020 ISDA published a high-level overview of certain considerations regarding contractual arrangements between EU/EEA-based counterparties and contractual arrangements governed by the law of an EU/EEA Member State in the light of the UK’s exit from the EU (“ Brexit”). The implications of Brexit will clearly have an obvious impact on many areas of the financial sector. This includes the analysis conducted for regulatory capital purposes through close-out netting legal opinions. Many, if not all, EU jurisdiction legal opinions will be impacted to some extent by Brexit’s impact on contractual arrangements.

Liquidation Under Insolvency And Bankruptcy Code, 2016- Compulsory? - Insolvency/Bankruptcy/Re-structuring

To print this article, all you need is to be registered or login on Mondaq.com. The insolvency resolution process in India has in the past elaborated the simultaneous operation of several statutory instruments. This includes the Sick Industrial Companies Act, 1985, the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest, 2002, the Recovery of Debt Due to Banks and Financial Institution Act, 1993 and the Companies Act, 2013. The involuntary liquidation provisions in the Insolvency and Bankruptcy Code, 2016 (“IBC”) came into effect on 15 th December 2016. Along with this, the Insolvency and Bankruptcy Board of India (Liquidation process) Regulations 2016 (“Regulations”) were

German Act on the Further Development of Restructuring and Insolvency Law (SanInsFoG) | K&L Gates LLP

To embed, copy and paste the code into your website or blog: A comprehensive change to German insolvency and restructuring law has become effective starting 1 January 2021. The change allows that a company s reorganization is possible without insolvency and includes the majority decision of its creditors. In its final session in 2020, the German Bundestag passed the so-called Act on the Further Development of Restructuring and Insolvency Law (SanInsFoG), which will be applicable starting 1 January 2021. The law is based, among other things, on an EU directive that requires all member states to allow non-insolvency restructuring. The expected economic dislocations, as a result of the Covid-19 pandemic, have prompted German lawmakers to bring forward this legislative project and also create additional extensive mitigations for the economic consequences of the lockdown for companies.

German Act on Bankruptcy and Restructuring

Tuesday, January 26, 2021 A comprehensive change to German insolvency and restructuring law has become effective starting 1 January 2021. The change allows that a company s reorganization is possible without insolvency and includes the majority decision of its creditors. In its final session in 2020, the German Bundestag passed the so-called Act on the Further Development of Restructuring and Insolvency Law (SanInsFoG), which will be applicable starting 1 January 2021. The law is based, among other things, on an EU directive that requires all member states to allow non-insolvency restructuring. The expected economic dislocations, as a result of the Covid-19 pandemic, have prompted German lawmakers to bring forward this legislative project and also create additional extensive mitigations for the economic consequences of the lockdown for companies.

Orissa High Court Dismisses PIL Challenging Auction To ArcelorMittal Nippon Steel Limited

Orissa High Court Dismisses PIL Challenging Auction To ArcelorMittal Nippon Steel Limited
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