In re Overseas Insurance Brokers Ltd. v [1966] JJ 547 (07 February 1966)
Cession generale is a limited bankruptcy procedure subject to strict prerequisites and is rarely used following the evolution of the desastre process.
- Citation
- [1966] JJ 547
- Parties
- Debtor: Overseas Insurance Brokers Ltd.
- Jurisdiction
- Jersey
- Judgment Date
- 07 February 1966
- Procedural Posture
- Bankruptcy / Judgment
- Outcome
- application dismissed
- Legal Topics
- Cession Generale, Limitations of Bankruptcy Procedure
Case Brief
Summary, issues, holding and outcome
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Parties
Overseas Insurance Brokers Ltd.
Debtor
Procedural Posture
Bankruptcy / Judgment
Legal Issues
- 1 What are the limitations of the cession generale bankruptcy procedure?
Ratio Decidendi
Cession generale is a limited bankruptcy procedure subject to strict prerequisites and is rarely used following the evolution of the desastre process.
Court Disposition
application dismissed
Orders
- Cession generale not granted due to failure to meet statutory prerequisites.
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