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In a highly anticipated decision, the Ontario Superior Court of Justice – Commercial List held that Cineworld wrongly terminated its arrangement agreement to acquire Cineplex, which was...
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supervisors and senior management of Lu Thai Textile Co., Ltd. (hereinafter referred to as the “Company”) hereby guarantee the factuality, accuracy and completeness of the contents of this Report and its summary, and shall be jointly and severally liable for any misrepresentations, misleading statements or material omissions therein. All the Company’s directors have attended the Board meeting for the review of this Report and its summary. Accountant, and Zhang Keming, the Company’s Financial Manager hereby guarantee that the Financial Statements carried in this Report are factu...
To print this article, all you need is to be registered or login on Mondaq.com. Your business provided goods or services to another company. Shortly thereafter, that company then files for bankruptcy, and owes your business substantial sums of money. After the filing of the bankruptcy action, you then receive a letter from counsel demanding that your business return all of the money the debtor paid to you in the 90 days before it filed for bankruptcy. Can this really be true? Unfortunately, it happens frequently. Under Section 547(b) of the Bankruptcy Code, a debtor m...
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Luckin Coffee’s Restructuring Efforts Move Forward with Commencement of its Chapter 15 Case in ... Luckin Coffee Inc.February 5, 2021 GMT Coordination between the Cayman Court and the U.S. Bankruptcy Court to Protect the Interests of Stakeholders and Facilitate Luckin Coffee’s Restructuring of its Financial Obligations All Company Stores Remain Open and Serving Customers in China; No Material Impact on Daily Operations Expected Company Continues to Meet Trade Obligations in the Ordinary Course o...
To embed, copy and paste the code into your website or blog: As we enter the New Year, the end is not yet in sight for litigation related to COVID-19. Five recent decisions, summarized below, highlight the still developing legal implications of the pandemic on private party rights as we begin 2021. These decisions touch on: potential university liability to refund students for pandemic-caused changes to their education, in what circumstances a buyer can walk away from a merger and acquisition because of COVID-19, and circumstances where New York Courts have been willing to grant pandemic-rela...