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Divided By A Common Language? English Court Goes In Different Direction To U.S On "COMI"
The recent decision of In the Matter of Stanford International Bank Limited and Others [2009] EWHC 1441 (CH) raises important considerations for liquidators of offshore investment vehicles who seek recognition and assistance from the English Courts pursuant to the Cross-Border Insolvency Regulations 2006 (the “2006 Regulation”).
Cayman Islands
5 Oct 2009
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