English and other common law courts enjoy a freestanding power to assist in the conduct of foreign insolvency proceedings, a power that is likely to prove increasingly important. This seminar will consider the limits on the assistance that can be given, having regard to the decision of the Privy Council in Singularis and the cases that have followed it, and the interaction between this body of cases and the controversial “rule in Gibbs” on the recognition of foreign restructuring plans.
Professor Louise Gullifer is Professor of Commercial Law at the University of Oxford and the Executive Director of the Secured Transactions Law Reform Project (STR).
We are delighted to welcome Paola Subacchi, Director of International Economics Research at Chatham House (The Royal Institute of International Affairs) in London and author of The People’s Money – how China is building a global currency (Columbia University Press, 2017).
Our next event in The Academic Series, Empowering Financial Institutions in the Emerging Markets, will take place on Thursday 11 February at 5pm.
Leading Cambridge legal academics, Professors Catherine Barnard and Mark Elliott, considered some of the constitutional implications of Brexit and looked at the EU Withdrawal Bill including rule of law concerns arising from delegated powers, what is “EU retained law” and what it all means for devolution.