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English High Court recognises winding-up of solvent Bermudian fund

By Declan Bush

20 May 2019

An English court has recognised the Bermudian winding-up of a solvent investment fund, finding that insolvency is not a requirement for recognition under the UK's Cross-Border Insolvency Regulations.

English High Court recognises winding-up of solvent Bermudian fund The London court recognised the solvent companies' winding-up as a foreign main proceeding. (Credit: iStock.com/MarioGuti)