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Secondary/territorial proceedings, within a member state, can theoretically be opened by a liquidator in respect of main insolvency proceedings within another member state. B details of any proceeding under british insolvency law taking place in relation to the debtor. Of the insolvency rules 1986 1 and sections 411 and 412 of, and paragraphs 27 of schedule 8 and 30 of schedule 9 to, the insolvency act 1986 2 hereby makes the following regulations. These regulations amend the insolvency regulations 1994 s. I. 1994/2507. Cooperation and direct communication between the british insolvency officeholder and foreign courts or foreign representatives. Insertion of new part 1a into the principal regulations.
A print version is also available and is published by the stationery office limited as the the insolvency amendment regulations 2005 , isbn 0110724054. The 1986 act" means the insolvency act 1986 37. The rules" means the insolvency rules 1986 45 and "rule" followed by a number means the rule with that number in those rules. Therefore, to an extent, through the coming into effect of the european insolvency regulation within the jurisdiction, the uk has in part effectively adopted the uncitral model.
Nothing in section 388 of the insolvency act 1986 4 applies to anything done by a foreign representative. The insolvency amendment regulations 200. A print version is also available and is published by the stationery office limited as the the insolvency regulations 1994 , isbn 011045507x. Note: these keynotes ought to be read in conjunction with sgh keynotes on the ec insolvency regulation.
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Foreign creditors are to have the same rights as local creditors regarding commencement of, and participation in, an insolvency proceeding. A under or by virtue of these regulations. Note: these keynotes ought to be read in conjunction with sgh keynotes on the uncitral model law on cross- border insolvency. The model law" means the uncitral model law as set out in schedule 1 to these regulations. In proceedings under these regulations, "registrar" means.
