Weighing in at the intersection of bankruptcy law and the doctrine of subrogation, the Ontario Court of Appeal has ruled that insurers are not entitled to commence subrogated claims in the name of bankrupt insureds.
Canada, USA, Ontario, Insolvency & Restructuring, Insurance, Litigation, Clyde & Co LLP, Court of Appeal for Ontario
The role of Jersey as a financial centre means that on occasions there will be a requirement for a foreign liquidator or an office-holder under bankruptcy legislation to obtain information or documentation from persons or companies located in the Island. There have been a series of recent court decisions establishing the appropriate levels of co-operation with other jurisdictions.
Jersey, Insolvency & Restructuring, Litigation, Bedell Cristin, Bankruptcy, Conflict of laws, Debtor, Injunction, Ex parte, Witness, Comity, Common law, Legal professional privilege, UNCITRAL, Courts of Jersey