Source: All England Reporter
Publisher Citation: [2017] All ER (D) 83 (Nov)
Neutral Citation: [2017] EWHC 2791 (Ch)
Court: Chancery Division (Companies Court)
Judge:

Judge Paul Matthews sitting as a judge of the High Court

Representation Tom Smith QC and William Willson (instructed by Kirkland & Ellis International LLP) for the company.
  David Allison QC and Adam Al-Attar (instructed by Linklaters LLP) for the bank.
Judgment Dates: 9 November 2017

Catchwords

Insolvency - Cross-border insolvency - Recognition of foreign proceedings

The Case

Insolvency Cross-border insolvency. The evidence adduced and submissions made established that the criteria for recognising the extraordinary administration proceedings in Croatia as a foreign main proceeding, within the Cross-Border Insolvency Regulations 2006, , had been met. Therefore, the Companies Court granted the applicant company the recognition it sought, despite the respondent bank's objection.

Practice Areas

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