Most insolvency procedures involve a collective legal approach. Consequentially, in many jurisdictions the courts will recognise the insolvency procedures of other countries - and indeed will assist their officials (known as liquidators, trustees, administrators, receivers or by other titles) in their jobs as administrators of specific insolvent estates.
Our insolvency team has a wealth of experience in engaging the courts of the UK and other jurisdictions in cooperative efforts, and we have been involved in some of the leading international cases in the field of insolvency.
We are very well used to acting for administrators of all types from the UK, US and other countries. In some cases this is in the context advising on their appointments and in the enforcement of their rights on behalf of the creditors involved.
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We also act for creditors seeking advice on how to recover debts in insolvent situations occurring abroad, for debtors faced with foreign insolvency proceedings, and for third parties who are being asked for assistance by those in debt.
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Andrew Ford
DD: +41 (0)22 593 7703
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Jeremy Scott
DD: +44 (0)20 7597 6105