This and a related case, Saad Investments Company Limited v PricewaterhouseCoopers, were both appeals of November 2013 decisions of the Bermudian Court of Appeal and impact on the ability and scope of the court to assist foreign liquidators. This has been a topic of heated debate for lawyers and cross border insolvency professionals in recent years since the concept of "modified universalism" was put forward by Lord Hoffman in Cambridge Gas. The cross-border insolvency community has been anxiously waiting for further clarity with regards to assistance courts can and will give to foreign liquidators following the apparently conflicting decision in Rubin.
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