High Court finds mere recognition of foreign insolvency under Cross-Border Insolvency Regulations 2006 not sufficient to disapply "immovables rule"
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The High Court has held that the recognition of foreign insolvency proceedings under the Cross-Border Insolvency Regulations 2006 (the "CBIR") did not, in itself, vest rights or interests in English land in the foreign representative.

Filed under:
Saudi Arabia, United Kingdom, Insolvency & Restructuring, Litigation, Herbert Smith Freehills LLP, Anti-bribery and corruption, Cross-Border Insolvency Regulations 2006 (UK), UK Supreme Court
Authors:
Andrew Cooke , Maura McIntosh , Owen Roberts , Joe Butler
Location:
Saudi Arabia, United Kingdom
Firm:
Herbert Smith Freehills LLP