United Kingdom

Re HIH Casualty and General Insurance Ltd

[2008] UKHL 21

JurisdictionUnited Kingdom

Year2008

Statusunclear

Key Principle

The principle of modified universalism: an English court may remit assets to a foreign liquidator under the common law, subject to the proviso that local creditors receive at least as favourable treatment as they would in an English winding up.

Area of Law

insolvency

Related Cases

Stubbings v Jams 2 International Pty Ltd (2022) 399 ALR 409

Stubbings v Jams 2 Pty Ltd (2022) 276 CLR 233

Badenoch Integrated Logging Pty Ltd v Bryant [2021] FCAFC 64

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