Privy Council: third-party indemnity not a pre-condition for bringing proceedings against receivers

There is no statutory requirement for directors to provide a third-party indemnity as a pre-condition for bringing proceedings against a receiver, but it should be provided where charged assets are at risk,  …

Allegedly fraudulent data company files Ch15 in Florida

The Brazilian judicial administrator of a São Paulo-based data processing company accused of running a crypto pyramid scheme has applied for Chapter 15 recognition in Miami in an effort to help it …

New Silkroutes scheme sanctioned in Singapore

Singaporean healthcare and energy holding company New Silkroutes has obtained sanction of a pre-packaged scheme in Singapore through which its largest unsecured creditor, a Canadian real estate investment group, is set to …

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