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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)
JurisdictionUnited Kingdom
CourtJudicial Committee of the Privy Council (on appeal from the Isle of Man)
Year2006
StatusPersuasive authority

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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Money Markets International Stockbrokers Ltd (in liquidation) v London Stock Exchange Ltd [2001] EWHC 1052 (Ch); [2002] 1 WLR 1150
Re Charnley Davies Ltd (No 2) [1990] BCLC 760; [1990] BCC 605 (Ch D, Millett J)

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