Welcome to the March edition of RCR Update summarising what we think are the more interesting recent legal developments in restructuring and corporate recovery.
Neil Smyth comments on a recent judgment on transactions at an undervalue and preference.
Sarah Wallace, a trainee from our London office, comments on a case confirming the instances where a director's fraudulent actions can be attributed to a company.
Benjamin Yap and Dang Thi Tuong Vi from RHTLaw Taylor Wessing Vietnam provide insight into the recent amendments which provide grounds for special control over underperforming credit institutions.
London trainee Callum Macauley reports on a case striking out a liquidator's preference claim.
Malti Shah, a senior associate from our London office, comments on a High Court decision regarding the impact of provisions in related finance documents.
Leopold Bauer and Dr Daniel Kunz from our Düsseldorf office discuss a recent judgment of the German Federal Court of Justice clarifying when a debtor is deemed insolvent.