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The Pari Passu Principle in English Ancillary Proceedings: Re Home Insurance CompanyRiz MokalWorld Bank Global Initiative on insolvency and Creditor/Debtor Regimes; University College London (UCL) - Faculty of Laws; Chambers of Michael Crystal QC Look Chan HoFreshfields Bruckhaus Deringer LLP; The World Bank November 18, 2005 Abstract: This paper seeks to demonstrate that, insofar as English insolvency proceedings are ancillary to foreign insolvency proceedings, the so-called pari passu principle would not constitute hurdles to English assets being handed over to a foreign insolvency official for distribution according to the foreign insolvency regime.
Number of Pages in PDF File: 10 Keywords: English insolvency law, English insolvency proceedings, ancillary proceedings, pari passu principle JEL Classification: K22, K30, K39, K41 working papers seriesDate posted: November 22, 2005Suggested CitationContact Information
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