The UK's Cross-Border Insolvency Regulations 2006: the importance of timely recognition
Devi Shah, Stephen Moi and Alex Wood (Credit: Mayer Brown)
Mayer Brown partners Devi Shah and Stephen Moi and counsel Alexandra Wood consider the lessons learned from an English court decision earlier this year in which a foreign judgment creditor was able to enforce a third-party debt order against a Lithuanian debtor’s English assets, after the debtor’s Lithuanian insolvency administrator had applied for recognition in the UK.
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