Articles & Reports

All the latest articles and reports of CRI Group

Mriya Agro Holding Public Limited – Informative Report of the Provisional Liquidator (15 May 2015)

Mriya Agro Holding Public Ltd, (the “Company”) and its subsidiaries, through which it was operating, was…

Mriya Agro Holding Public Limited – Supplementary Report of the Provisional Liquidator (16 November 2015)

Mriya Agro Holding Public Limited – Report to Creditors of the Provisional Liquidator (11 May 2016)

The winding up petition, filed against MAH by BNY Mellon Corporate Trustee Services Ltd (the “petitioner”)…

European Account Preservation Orders – a useful tool for creditors or a step too far against debtors?

On 14 May 2014 the EU Regulation 655/2014 came into force and will apply from 18…

Examinership: Potential for Abuse

A process putting companies “on life support with no prospect of survival” is how examinership was…

Good and Bad Bank

The events that unfolded last Thursday in Cyprus, created intense anxiety and concern with regard to…

Receivers and Managers

Typically, a company receiver and manager, is appointed out of court by a secured creditor under…

Effect of Winding Up upon Secured Creditors

Ordinarily, the instrument creating the debenture confers on the holder a right to appoint a receiver…

Validation Orders In the Context of Winding Up

In a winding-up by the court, any disposition of the company’s property, and any transfer of…

Annulment of Bankruptcy, one year after… The “famous” law with its subsequent ammendments in relation to Annulment Applications – By operation of Law – by Bankrupts, pursuant to the provisions of Section, 27 and 27a, 2 of 2(1) and 2(b) of 74(1) of 2008

Discharge is the procedure whereby the bankrupt obtains his/her release from the restrictions of bankruptcy and…

Wrongful Trading

Wrongful trading is an action that can be taken only by a company’s liquidator, once it…

Shadow and de facto directors

Shareholders, including parent companies, who have the right to appoint one or more directors to the…