Sanctions regulations won't prevent administration orders but may affect timings and require undertakings
United Kingdom, Insolvency & Restructuring, Litigation, Trade & Customs, Osborne Clarke, Office of Foreign Assets Control (USA), Office of Financial Sanctions Implementation (UK)
Unregistered and time-barred foreign judgments can found the basis of insolvency proceedings in England
The English High Court has ruled that unregistered and time-barred foreign judgments can found the basis of insolvency proceedings in England.
The threat of insolvency proceedings can be a strong form of leverage to obtain a successful outcome on enforcement of a judgment debt, as judgment debtors will often pay up when faced with the prospect of being found insolvent.
Foreign money judgments
United Kingdom, Insolvency & Restructuring, Litigation, Osborne Clarke, Insolvency, Limitation Act 1980 (UK)