Isle of Man liquidator loses Chapter 15 bid after “letter box” address finding

Isle of Man liquidator loses Chapter 15 bid after “letter box” address finding

What was believed to be the first application for Chapter 15 recognition of an Isle of Man voluntary liquidation has ended in rejection, after an Oklahoma court said it had not seen enough evidence of the petitioner’s links to the Isle of Man to recognise the case either as a foreign main or non-main proceeding.

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