New York court says UK law avoidance claims in Hellas action belong in England
The Statue of Liberty looks onto London's Tower Bridge (Credit: iStock.com/PeskyMonkey)
A New York Bankruptcy court hearing an adversary action filed by the liquidators of Greek telecoms company Hellas has temporarily stayed its proceedings, finding that their UK law avoidance claims against a group of US defendants should be heard in England.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Subscribe now