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Former CEO of Deutsche Bank Italia to chair new alternative funds group
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Introduction
Article 192 of the Consolidated Text of the Bankruptcy Law (TRLC) introduces the concept of the active mass of a bankruptcy, which constitutes all of the assets and rights integrated into the bankrupt s assets on the date of the declaration of bankruptcy, as well as those that are reintegrated to the bankrupt or acquired before the conclusion of the bankruptcy proceedings.
The active mass incorporates the principle of universality derived from Article 1.911 of the Civil Code (ie, the debtor is liable for all of its present and future assets).
Under Article 198
et seq of the TRLC, the bankruptcy administration must prepare an inventory of the insolvent party s assets and rights, including their value, by the end of the day immediately preceding the day on which it presents its report (for further details please see Composition of active mass: inventory of goods and rights ). This article provides practical guidance on the inventory of goods and rights.
Introduction
Article 192 of the Consolidated Text of the Bankruptcy Law (TRLC) introduces the concept of the active mass of a bankruptcy, which constitutes all of the assets and rights integrated into the bankrupt s assets on the date of the declaration of bankruptcy, as well as those that are reintegrated to the bankrupt or acquired before the conclusion of the bankruptcy proceedings.
The active mass incorporates the principle of universality derived from Article 1.911 of the Civil Code (ie, the debtor is liable for all of its present and future assets).
Under Article 198
et seq of the TRLC, the bankruptcy administration must prepare an inventory of the insolvent party s assets and rights, including their value, by the end of the day immediately preceding the day on which it presents its report (for further details please see Composition of active mass: inventory of goods and rights ). This article discusses the valuation of goods and rights included in the inventory.(1)
Introduction
Since early October 2017, when the Islamist militants or jihadists – identified as the Ansar al-Sunna – launched their first attacks in the villages and towns of Mozambique’s northern province of Cabo Delgado, insurgency and conflict has continued to escalate, targeting civilians, public infrastructure and government buildings. Although the Government of Mozambique continues to make concerted efforts to fight and subdue the terrorist insurgency through its national defence forces, the
Forças Armadas de Defesa de Moçambique (FADM), a series of battles with the terrorist militants has resulted in widespread violence, insecurity, the death of over 2 400 people
[1] and the displacement of over 500 000 civilians by the end of November 2020.
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