English court refuses to recognise Chapter 11 on COMI grounds
The UK-headquartered subsidiary of a US advertising company has failed to have its Chapter 11 bankruptcy recognised as a foreign main proceeding by an English court, which found its centre of main interest to be in the UK rather than the United States.
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.
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10