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Austria’s Hypo Alpe-Adria-Bank Splits in Restructuring

Austria’s Hypo Alpe-Adria-Bank Splits in Restructuring Move Is Part of Lender’s Revamp Approved by the European Commission By Nicole Lundeen | 30 OCTOBER 2014 | THE WALL STREET JOURNAL VIENNA—Austria’s nationalized lender Hypo Alpe-Adria-Bank International AG said Thursday it has split itself between a wind-down unit, called Heta Asset Resolution GmbH,….” http://online.wsj.com/articles/austrias-hypo-alpe-adria-bank-splits-in-restructuring-1414693427

Argentina Central Bank Borrows $814 Million Under China Currency Swap

Argentina Central Bank Borrows $814 Million Under China Currency Swap Argentina Taps Line as Reserves Quickly Approach Multi-Year Low By Ken Parks | 30 OCTOBER 2014 | THE WALL STREET JOURNAL BUENOS AIRES—Argentina’s central bank tapped a currency swap line with its Chinese counterpart for the first time Thursday, requesting the equivalent of about $814… Continue Reading

Indochina notes: legal updates on investment, infrastructure and finance, October 2014

Indochina notes: legal updates on investment, infrastructure and finance, October 2014 October 14 2014 | LEXOLOGY Investment Direct statements The difference between direct and indirect speech may be clear to writers. But lawyers in Vietnam have….” http://www.lexology.com/library/detail.aspx?g=7f257086-138b-42b5-a6e5-90a04add4b02&utm_source=Lexology+Daily+Newsfeed&utm_medium=HTML+email+-+Body+-+General+section&utm_campaign=Lexology+subscriber+daily+feed&utm_content=Lexology+Daily+Newsfeed+2014-10-31&utm_term=

When do liquidators need to retain money to meet a company’s tax liabilities?

When do liquidators need to retain money to meet a company’s tax liabilities? October 24 2014  | LEXOLOGY A recent decision of the Full Federal Court gives liquidators comfort that they are not required to set money aside to meet the future tax obligations of a company until those obligations have been assessed by the… Continue Reading

Before you hit send: complying with the Spam Act – has the recipient consented?

Before you hit send: complying with the Spam Act – has the recipient consented? October 17 2014 | LEXOLOGY In part one (here), we touched on figuring out what is and isn’t a ‘commercial electronic message’ under the Spam Act. Now you’ve drafted your message, but you’re not ready to go yet – it cannot… Continue Reading

Barry Spurr v New Matilda: the right to privacy v the public’s right to know

Barry Spurr v New Matilda: the right to privacy v the public’s right to know October 27 2014 | LEXOLOGY All this fuss about Barry Spurr’s dodgy emails raises some seriously interesting legal questions. Let’s be clear, Barry Spurr’s choice of language suggests that he’s not the ideal candidate to review our kids’ English curriculum.… Continue Reading

Judge Approves California City’s Bankruptcy-Exit Plan

Judge Approves California City’s Bankruptcy-Exit Plan Stockton to Slash Payments to Bondholders and Raise Taxes While Not Further Cutting City Pensions By Katy Stech and Dan Fitzpatrick | THE WALL STREET JOURNAL | 31 OCTOBER 2014 | BANKRUPTCY The federal judge overseeing the two-year-long bankruptcy of Stockton, Calif., ruled Thursday that the distressed city….” http://online.wsj.com/articles/stockton-faces-key-ruling-on-bankruptcy-1414679337?tesla=y&mod=rss_law&mg=reno64-wsj&url=http://online.wsj.com/article/SB10267516570029224510604580246390930879792.html?mod=rss_law

Insolvency practitioners reminded of their obligations to exercise care and closely monitor any third party fees incurred

Insolvency practitioners reminded of their obligations to exercise care and closely monitor any third party fees incurred 31 October 2014 | CORRS CHAMBERS WESTGARTH FACTS The directors of Joe & Joe Developments Pty Ltd (the Company), were Mr Tony Elias and Mr Joseph Kossaifi. The Company’s shareholders were the directors and their families. In late… Continue Reading

Careful What You Wish For: Plunging Yen Leads To 140% Surge In Bankruptcies

Careful What You Wish For: Plunging Yen Leads To 140% Surge In Bankruptcies Submitted by Tyler Durden on 10/30/2014 | BANKRUPTCY Due to the depreciation of the JPY, leading to soaring raw material costs (crushing SME profitability), TSR reports that Japanese bankruptcies year-to-date in 2014 are up a stunning 140% having unerringly surged since Abenomics… Continue Reading

Communications policy debate reinvigorated at Corrs

Communications policy debate reinvigorated at Corrs 31 October 2014 | CORRS CHAMBERS WESTGARTH The future of the communications policy landscape in the era of the NBN was discussed at an exclusive boardroom lunch at Corrs Chambers Westgarth this week. Professor Fred Hilmer AO,….” http://www.corrs.com.au/news/communications-policy-debate-reinvigorated-at-corrs/