“A strong whiff of old-fashioned forum shopping”: English court stays winding up in favour of Italian proceedings
Orizzonte's main assets are located in Rome, Italy (Credit: iStock.com/vwalakte)
An English court has stayed an attempt to force a UK-based fund manager to wind up an Italian investment fund, finding that Italy is a more appropriate forum for the claims and rejecting arguments that EU regulations should have barred the stay.
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