Law ministry

Adaptation of the COVID law

Following today’s vote on Bill no. 7943, the amended law of July 17, 2020 relating to measures to combat the COVID-19 pandemic has been adapted on the following points: Isolation period Isolation is prescribed for 10 days. It can be terminated before the expiry of the 10-day period for the following cases: people who received […]

Law commission

Bill proposed by the Law Commission for the use of computers in trials

Earlier, the government passed another law, “Use of Information Technology by Courts Act 2020,” to keep courts functional during the Covid pandemic January 03, 2022, 11:00 a.m. Last modification: 03 January 2022, 11:02 Representative image. Photo: Pixabay “> Representative image. Photo: Pixabay The Law Commission recommended the adoption of a new law entitled “Law on […]

Law commission

UK Legal Commission to Review 1996 Arbitration Act | Morgan lewis

The UK Law Commission has announced that it will be reviewing the Arbitration Act 1996, the main law governing arbitrations in England, Wales and Northern Ireland. The Law Commission has said its aim is to ensure that arbitration law remains clear, modern and effective in order to maintain the attractiveness of the UK as a […]

Law income

Some Whitehorse businesses fear COVID-19-related bankruptcy: poll

A survey commissioned by the Whitehorse Chamber of Commerce found that 55% of responding companies are afraid of taking on more debt due to the COVID-19 pandemic. The results represent only the companies that responded to the survey. It was conducted by Strategic Moves, an independent research-based consultancy based in Whitehorse between May 7 and […]

Law income

Hornbeck Offshore Plans to File for Chapter 11 Bankruptcy Protection | Coronavirus

Covington-based Hornbeck Offshore Services Inc. plans to file for Chapter 11 bankruptcy protection soon. The shipping company told investors it plans to file prepackaged bankruptcy in the Southern District of Texas to reorganize the company. He recently reached agreements with creditors to forbear several different loans, which were largely due in April. “The company is […]

Law income

Utica Shale Stalwart Gulfport Energy Files for Bankruptcy

Gulfport Energy Corp. filed for Chapter 11 bankruptcy on Friday, becoming the latest exploration and production (E&P) company this year to succumb to low commodity prices worsened by the Covid-19 pandemic. The company said it had the backing of 95% of its revolving credit facility lenders and other creditors holding more than two-thirds of its […]

Law income

Destin water park owners file for bankruptcy

DESTIN – The owners of well-known Destin water park filed for bankruptcy and sold the property earlier this year. The story about the situation was one of the News Herald’s most viewed stories of 2020. Apex Parks Group, which bought the Big Kahuna water and adventure park in 2014, announced in April that it had […]

Law income

Dave & Buster’s threatens bankruptcy if debt isn’t renegotiated

Yes Dave and Buster Entertainment (NASDAQ: PLAY) is unable to get its lenders to agree to new terms on its debt, the entertainment-themed restaurant chain says it will seek bankruptcy protection from its creditors. Unlike many other restaurant chains, which survived the worst of the COVID-19 pandemic by rely on take-out and delivery, Dave & […]

Law income

Pandemic Legal Information: Insolvency and Bankruptcy Laws – FAQ – Why, What, When and If? – Insolvency / Bankruptcy / Restructuring

To print this article, simply register or connect to PRELUDE The explosion of the Covid-19 pandemic in no way left India untouched. This pandemic not only affected human beings, but also drove the economy into the doldrums. The road to business lockdowns in India started off well with the onset of lockdowns in India. […]

Law income

Personal Perspective: Bankruptcy Law Changes Could Help Distressed Restaurants

Running a small restaurant or an independent restaurant has always been a challenge. Even in the best of times, tight margins and fixed expenses mean that many new restaurants never celebrate their first anniversary. Now, restrictions on on-site dining under stay-at-home orders instituted to fight the COVID-19 pandemic have evaporated the profits of many otherwise […]

Law tax

Wisconsin to Comply with Most Stimulus Bill Tax Changes

Wisconsin on Wednesday passed omnibus legislation to combat the Covid-19 pandemic, including language that brings the state’s tax code into line with several features of federal coronavirus response law. Governor Tony Evers (R) signed AB 1038 shortly after it passed the Senate, saying in a statement that it was “finally a step in the right […]