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“A strong whiff of old-fashioned forum shopping”: English court stays winding up in favour of Italian proceedings

By Dominic Lawson

01 March 2019

“A strong whiff of old-fashioned forum shopping”: English court stays winding up in favour of Italian proceedings Orizzonte's main assets are located in Rome, Italy / iStock.com/vwalakte

An English court has stayed an attempt to force a UK-based fund manager to wind up an Italian investment fund, finding that Italy is a more appropriate forum for the claims and rejecting arguments that EU regulations should have barred the stay.