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Re Selecta Finance UK Ltd
[2021] BCC 168
Key Principle
The English court has jurisdiction to convene a scheme meeting under Part 26 CA 2006 for a foreign group's debt where a 'sufficient connection' with England is established by established techniques, such as amending the finance documents' governing law and jurisdiction to English law and adding an English co-issuer/obligor, provided those amendments are valid under the original governing law and the scheme will be effective.
Area of Law
General
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