Insolvency & Restructuring News

Court-to-court communications in cross-border insolvency cases

06/06/17

Members should note that Chapter 25 of the Chancery Guide has been amended so that parties are required, at an early stage, to consider whether the court should make use of one of the three specified sets of guidelines for court-to-court communications in cross-border insolvency cases. The three sets of guidelines are the American Law Institute/International Insolvency Institute Guidelines applicable to Court-to-Court Communications in Cross-Border Cases; the EU Cross-Border Insolvency Court-to-Court Communications Guidelines; and the Judicial Insolvency Network Guidelines for Communication and Cooperation between Courts in Cross-Border Insolvency Matters. The Chancery Guide has not yet been updated to reflect the introduction of the Insolvency Rules 2016.


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Recent Bulletins

A key service provided by the ILA is the provision of bulletins keeping its membership up-to-date with the latest developments in insolvency law.

Below are a selection of recent topics covered:

  • Lulham v Crown Estate Commissioners – court refused vesting order following escheat
  • Kennedy & ors v Fonds Rusnano Capital - para 71 Sched B1; proper price
  • Cresta Estates Limited and others v MPB Developments Limited and others – non-party costs order against directors