Insolvency Bitesize - March 2019
Welcome to the latest edition of Insolvency Bitesize. We start by taking a look at directors’ duties to consider creditors’ interests and when they are triggered short of actual insolvency. Surprisingly, there has been no clear authority on point, although insolvency – like an elephant – is perhaps easier to recognise than it is to define.
We also highlight the significant issue of foreign restructuring plans and their binding (or not) effect on English law debt. Brexit has brought this issue into focus, as have efforts by UNCITRAL to do for recognition and enforcement of insolvency-related judgments what it did for procedural recognition of cross-border insolvency proceedings.
As usual, we also gather together a range of developments in other areas and hope you find these useful.
You can navigate by clicking on each “bitesize chunk” below to read further.
If you have any comments on this edition of Insolvency Bitesize, please get in touch.