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International Corporate Rescue

Journal Issues

  • Vol 1 (2004)
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  • Vol 21 (2024)
  • Vol 22 (2025)
  •         Issue 1
  •         Issue 2
  •         Issue 3
  •         Issue 4

Vol 22 (2025) - Issue 3

Article preview

Immovable Properties in International Insolvencies: UK Supreme Court Clarifies

Dhananjay Kumar, Barrister, 3‑4 South Square, London, UK

Synopsis
The Supreme Court has held that English courts cannot provide assistance at common law to a foreign bankruptcy trustee in relation to immovable properties in England and Wales expanding the established rule that such properties do not automatically vest in a foreign bankruptcy trustee irrespective of the position under foreign bankruptcy law. However, such assistance can be provided under section 426 of IA1986 or the Cross-Border Insolvency Regulations 2006.

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International Corporate Rescue

"International Corporate Rescue is a brilliant resource. The articles are always informative and interesting. It helps to keep me up to date with developments in insolvency and restructuring, both in England and many other jurisdictions."

Charlotte Cooke, Barrister, South Square

 

 

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