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Cross-Border Insolvency Regulations: contract termination
Practical Law UK Articles 4-575-0579 (Approx. 3 pages)
Cross-Border Insolvency Regulations: contract termination
by Clifford Chance LLP and Practical Law Restructuring and Insolvency
| Published on 23 Jul 2014 |
The High Court has held that the issue of a notice terminating a contract cannot be restrained as "proceedings" under Article 21(1) of Schedule 1 to the Cross-Border Insolvency Regulations 2006 (SI/2006/1030).