Page 36 - Further Development News Today

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 companys 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 Janua...

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 companys 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...

To print this article, all you need is to be registered or login on Mondaq.com. On 17 December 2020, the German Parliament passed the Act on the Further Development of Restructuring and Insolvency Law ("SanInsFoG"), which is expected to lead to a fundamental change in the restructuring landscape in Germany. The SanInsFoG primarily serves to implement the EU Restructuring Directive of 20 June 2019 (Directive (EU) 2019/1023) and aims at introducing a comprehensive le...

Thursday, January 7, 2021 After its publication in the German Federal Gazette ( Bundesanzeiger) on 29 December 2020, the Law for the Further Development of the Restructuring and Insolvency Laws ( SanInsFoG) came into force in Germany on 1 January 2021. The major part of this new law, the Law on the Stabilisation and Restructuring Framework for Enterprises ( StaRUG), introduces a new framework for restructurings outside of formal insolvency proceedings, implementing EU Directive 2019/1...

Belarus CIS presidency in 2021 to focus on regional relations MINSK, 31 December (BelTA) - The concept of Belarus presidency in the CIS in 2021 will be aimed at developing coherent approaches to solving pressing issues of regional cooperation, BelTA learned from the Belarusian Ministry of Foreign Affairs. “The Presidency of the Republic of Belarus in the Commonwealth of Independent States in 2021 will rely on the principle of continuity in accordance with the CIS Concept for Further Developme...

Vladimir Putin took part in the CIS Heads of State Council meeting via videoconference. December 18, 2020 Novo-Ogaryovo, Moscow Region The participants in the videoconference, chaired by the Republic of Uzbekistan, discussed the current state of and prospects for developing cooperation within the CIS Background information Commonwealth of Independent States (CIS) in the political, trade, economic, social and cultural spheres, as well as joint efforts to counter the ...

To embed, copy and paste the code into your website or blog: Through implementing the EU Restructuring Directive, German restructuring and insolvency law will be modernized, more effective, and enriched by new instruments. On 17 December 2020, the German Bundestag passed the Act on the Further Development of the Restructuring and Insolvency Law (SanInsFoG). The SanInsFoG specifically provides for the implementation of Directive (EU) 2019/1023 on Preventive Restructuring Frameworks (Restructurin...

Experten aus Tschechien wollen das Bezahlen mit Bargeld in Corona-Zeiten sicherer machen. Sie haben ein Anti-Covid-Papier zur Marktreife gebracht. Erreger sterben darauf innerhalb weniger Minuten ab.

Modern Diplomacy Sergey Lavrov: The history of modern Kazakhstan is inseparably connected with Nursultan Nazarbayev. What is the mainstay of Nursultan Nazarbayev’s achievements? I believe that it is his inherent focus on constructive work. Using his rich political experience, wisdom and sagacity, he has rallied the people of Kazakhstan by offering them a unifying and forward-looking agenda. He has achieved impressive results in creating efficient institutes of power, maintained internal polit...

Axians baut die am 1.