Australia's Gilbert + Tobin Takes Insolvency Partner From Clayton … – Law.com International

Restructuring and insolvency partner Orla McCoy has resigned from Australian corporate firm Clayton Utz to join rival Gilbert + Tobin, just two months after another restructuring partner resigned from Clayton Utz to join White & Case. Both McCoy and Timothy Sackar have resigned but remain working at Clayton Utz before starting at their new firms.…

Luxembourg adopts insolvency reform: new restructuring options to … – JD Supra

The Luxembourg parliament has adopted an act on business continuity, restructuring and the modernisation of the bankruptcy regime (the Insolvency Modernisation Act or IMA). Before the adoption of the IMA (which should be enacted shortly) the Luxembourg restructuring framework already offered a range of (mainly consensual and solvent) restructuring options. When it comes to legally…

Australia's Gilbert + Tobin Takes Insolvency Partner From Clayton … – Law.com International

Restructuring and insolvency partner Orla McCoy has resigned from Australian corporate firm Clayton Utz to join rival Gilbert + Tobin, just two months after another restructuring partner resigned from Clayton Utz to join White & Case. Both McCoy and Timothy Sackar have resigned but remain working at Clayton Utz before starting at their new firms.…

Australia's Gilbert + Tobin Takes Insolvency Partner From Clayton … – Law.com International

Restructuring and insolvency partner Orla McCoy has resigned from Australian corporate firm Clayton Utz to join rival Gilbert + Tobin, just two months after another restructuring partner resigned from Clayton Utz to join White & Case. Both McCoy and Timothy Sackar have resigned but remain working at Clayton Utz before starting at their new firms.…

Crown blamed previous fines, raised spectre of bankruptcy as it tried to shrink AUSTRAC penalty – ABC News

Disgraced gambling giant Crown used its history of egregious law-breaking to argue down the third-largest corporate fine in Australian history. Key points: Crown used huge fines already paid to try to argue down a penalty for money laundering breaches Crown told the court it would face “significant financial hardship” if the fine had to be paid…

Australian Corporate Insolvency Reform: the PJC's Report Is in, So … – JD Supra

After a 10-month inquiry process, on 12 July 2023 the Parliamentary Joint Committee on Corporations and Financial Services (PJC) delivered its final report on the effectiveness of Australias corporate insolvency laws. In this alert, we distil some of the key findings from the almost 400-page report and consider what future law reforms might look like. …

14 online gambling suspects linked to serial cyanide murder suspect … – Thai PBS World

Police have arrested 14 people allegedly involved in an online gambling network, in which serial cyanide murder suspect Sararat Rangsiwuthaporn and her husband, Pol Lt-Col Vitoon, were regular customers, Pol Gen Surachate Hakparn, the deputy national police chief, told the media today (Friday). He said that the couple had incurred a huge amount of debt…