The Business Law Reports
[2018] Bus LR 64
Chancery Division
In re
Agrokor dd
[2017] EWHC 2791 (Ch)
2017 Oct 23–
26;
Nov 9
Nov 9
Judge Paul Matthews sitting as a High Court judge
Insolvency— Cross-border insolvency— Recognition of foreign proceeding— Extraordinary administration in Croatia concerning group of companies— Foreign representative applying for recognition of administration as foreign proceeding— Application concerning only holding company— Whether court precluded from recognising group administration where application for recognition concerning only specific company within group— Whether administration pursuant to “law relating to insolvency”— Whether under “control” of court— Whether “for the purpose of reorganisation or liquidation”— Whether recognition of foreign proceeding contrary to public policy if creditors not accorded pari passu treatment—
Cross-Border Insolvency Regulations 2006 (SI 2006/1030), Sch 1, arts 2(i), 6, Sch 2, art 25(1)(j)
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