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United Kingdom
Leading Case
uncategorized
Cambridge Gas Transport Corp v Official Committee of Unsecured Creditors of Navigator Holdings plc
[2006] UKPC 26; [2007] 1 AC 508 (PC)
Key Principle
Under the principle of modified universalism, a domestic court has a common-law power to assist foreign insolvency proceedings; judgments in insolvency proceedings were said to be neither in personam nor in rem but a special category aimed at collective execution against the debtor's assets.
Area of Law
i
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