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Foreign proceedings: exceptional circumstances for lifting stay
Practical Law UK Articles 7-636-2925 (Approx. 3 pages)
Foreign proceedings: exceptional circumstances for lifting stay
by Clifford Chance LLP and Practical Law Restructuring and Insolvency
| Published on 01 Dec 2016 |
The High Court has lifted an automatic stay on proceedings imposed under the Cross-Border Insolvency Regulations 2006 (SI 2006/1030) because exceptional circumstances applied.