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Recent Developments on the Enforcement and Bankruptcy Law and Concordat

Author: Fatih Isik Introduction A significant part of the recent legislative amendments to improve the investment environment are made to Enforcement and Bankruptcy Law ("EBL") numbered 2004. The amendments made w ...

Are You Caught in the Storm?: What Bankruptcy Trustees Need to Know About Hurricane Claims

On the heels of last year’s Hurricane Irma, everyone is mindful about the upcoming 2018 hurricane season. Last year, Hurricane Irma hit Florida and left about 65% of the state without power. In the months following the ...

Stabilization Proceedings in Bulgaria – Second Chance For Businesses With Financial Difficulties

With the latest changes in the Bulgarian Commerce Act, promulgated on December 2016, a complete new set of business stabilization proceedings were created, which are regulated in the amended Fifth part of the Act.The afo ...

Changes in the Field of Bankruptcy – To More Efficient and More Secure Bankruptcy Proceedings in Bulgaria

On 22 December 2016 the last changes in the Commerce act were adopted. Among them are also the amendments of the bankruptcy proceedings legislation and the creation of completely new proceedings –business stabilization ...

The effects of judicial reorganisations on the accelerated maturity of company debts in Brazil

Due to present political and economic circumstances in Brazil, the number of judicial reorganisation requests has considerably increased in the past few years. As a result, courts have been tested on a number of issues a ...

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