Restructuring & Corporate Recovery Update — March 2013

Taylor Wessing has released the March 2013 edition of its Restructuring & Corporate Update. It summarises what the firm thinks are the more interesting recent legal developments in restructing and corporate recovery.


  • The restructuring and corporate recovery market in the UAE
  • Contingent claims — should the liquidator wait for the contingency to occur?
  • Agency relationship or a relationship of seller and buyer?
  • How undistributed assets under a scheme of arrangement should be treated
  • Marshalling securities where there are two debtors
  • When can a claim for transaction at an undervalue succeed?
  • Iceland versus Scotland: what happens when two inconsistent insolvency regimes clash?
  • Boot camp: late payment issues construction contracts
  • Late payments: EU directive implemented
  • Safeguarding your business — a practical guide against counterparty and third-party default…

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