Brac Rent-A-Car International Inc, Re [2003] EWHC (Ch) 128 (7 February 2003)

Brac Rent-A-Car International Inc, Re [2003] EWHC (Ch) 128 (7 February 2003)

The Regulation gives the courts of a Member State jurisdiction to open insolvency proceedings in relation to a corporate debtor incorporated outside the EU if the centre of the debtor's main interests is within that Member State.

Citation
[2003] EWHC (Ch) 128
Parties
Petitioner: BRAC Rent-A-Car International Inc; Judgment Creditors: Francesco Dragotto and Giuseppe Dragotto, trading as Italy by Car
Jurisdiction
England and Wales
Judgment Date
07 February 2003
Procedural Posture
Administration Order Petition / Judgment on Jurisdiction
Outcome
Jurisdiction affirmed; administration order made.
Legal Topics
Administration Order, Jurisdiction, Cross Border Insolvency, EC Regulation 1346/2000, Centre of Main Interests

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Parties

BRAC Rent-A-Car International Inc

Petitioner

Francesco Dragotto and Giuseppe Dragotto, trading as Italy by Car

Judgment Creditors

Procedural Posture

Administration Order Petition / Judgment on Jurisdiction

  1. 1 Whether the English court has jurisdiction to make an administration order under the Insolvency Act 1986 in respect of a company incorporated outside the EU but with its centre of main interests in the UK

Ratio Decidendi

The Regulation gives the courts of a Member State jurisdiction to open insolvency proceedings in relation to a corporate debtor incorporated outside the EU if the centre of the debtor's main interests is within that Member State.

Court Disposition

Jurisdiction affirmed; administration order made.

Orders

  • Administration order granted in respect of BRAC Rent-A-Car International Inc.