UK Insolvency Judgments — A Retreat From Universalism

Law360, New York (November 21, 2012, 12:46 PM EST) -- The U.K. Supreme Court has handed down its judgment in the much anticipated appeals of Rubin v Eurofinance SA and New Cap Re v Grant. The case involved attempts by overseas insolvency officeholders to enforce in England judgments obtained in insolvency proceedings abroad (a U.S. Chapter 11 in Rubin and an Australian liquidation in New Cap)....

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