Azeri bank appeals moratorium order in England

Azeri bank appeals moratorium order in England

The English Court of Appeal has witnessed two days of arguments on the interpretation of the UK’s Cross-Border Insolvency Regulations and the UNCITRAL Model Law on which they’re based, as a restructured Azeri bank tried for a second time to obtain an “indefinite moratorium” to stop creditors enforcing English-law governed claims.

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