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Reinstatement Commercial Bankruptcy

White & Case LLP

PKPU update: a secured creditor is permitted to file a PKPU petition again

White & Case LLP on

The Indonesian Supreme Court has reinstated the right of secured creditors to file a bankruptcy and suspension of payment (Penundaan Kewajiban Pembayaran Utang or PKPU) process....more

Poyner Spruill LLP

Creditor-Friendly Changes to North Carolina’s Accord and Satisfaction Law

Poyner Spruill LLP on

A creditor can now reinstate a disputed debt that has been inadvertently discharged. The North Carolina Legislature recently amended its accord and satisfaction law to include creditor-friendly revisions that make it...more

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