Court of Appeal rules on COMI and proceeds of crime issues | Practical Law

Court of Appeal rules on COMI and proceeds of crime issues | Practical Law

An update on the Court of Appeal decision in In Re Stanford International Bank Ltd (in liquidation) [2010] EWCA Civ 137, which considered the correct test to determine a company's centre of main interests for the purposes of the Cross Border Insolvency Regulations 2006 and the interrelationship between UK proceeds of crime legislation and cross border insolvency regimes.

Court of Appeal rules on COMI and proceeds of crime issues

Practical Law UK Legal Update 2-501-5986 (Approx. 9 pages)

Court of Appeal rules on COMI and proceeds of crime issues

by PLC Finance
Published on 10 Mar 2010 • England, Wales
An update on the Court of Appeal decision in In Re Stanford International Bank Ltd (in liquidation) [2010] EWCA Civ 137, which considered the correct test to determine a company's centre of main interests for the purposes of the Cross Border Insolvency Regulations 2006 and the interrelationship between UK proceeds of crime legislation and cross border insolvency regimes.