On 17-19 March 2025, the restructuring and insolvency industry gathered in Hong Kong for the annual INSOL International conference. As INSOL International stated in the lead up to the conference, âThe global economic landscape continues to be marked by volatility and uncertainty. Â While some sectors and regions are experiencing relative stability or even growth, the overall picture remains mixed. Disrupted supply chains and geopolitical tensions persist, as high inflation continues to undermine consumer purchasing power…
In brief On 7 June 2024, the National Diet of Japan enacted the Act on the Promotion ofCash Flow-Based Lending (âActâ). The effective date of the Act will be separatelydetermined within two and half years from its promulgation on 14 June 2024.The Act will bring into effect a new type of security interest called the âEnterpriseValue Chargeâ (âEVCâ) by which the entire assets (including future assets) of acorporate debtor can be collateralised.In this article we…