Emerald Pasture Designated Activity Company & Ors v Cassini SAS & Anor
Emerald Pasture Designated Activity Company & Ors v Cassini SAS & Anor [2021] EWHC 2443 (Ch) (27 August 2021)
The High Court held that French safeguarding proceedings did not extinguish information covenants in a non-ongoing loan agreement and granted declarations in the lenders’ favour.
- French insolvency proceedings
- Enforceability of contractual obligations
- Information covenants in loan agreements
- Recognition of foreign insolvency
- Declaratory relief
- Insolvency