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; 3-4 South Square Chambers
Look Chan Ho
Freshfields Bruckhaus Deringer LLP; The World Bank
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, K41working papers series
Date posted: November 22, 2005
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