The Pari Passu Principle in English Ancillary Proceedings: Re Home Insurance Company
University College London (UCL) - Faculty of Laws; World Bank Global Initiative on insolvency and Creditor/Debtor Regimes; South Square Chambers
Look Chan Ho
Freshfields Bruckhaus Deringer LLP
November 18, 2005
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
Date posted: November 22, 2005
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