In re Montrow Intl. Ltd. v [2007] JLR_Note 40 (01 June 2007)
The court recognized the foreign insolvency proceedings and appointed a provisional liquidator to safeguard the company's assets in Jersey.
- Parties
- Applicant: Montrow Intl. Ltd.
- Jurisdiction
- Jersey
- Judgment Date
- 01 June 2007
- Procedural Posture
- Company Law Insolvency / Application for Recognition of Foreign Proceedings and Appointment of Provisional Liquidator
- Outcome
- Application granted
- Legal Topics
- Recognition of Foreign Insolvency Proceedings, Appointment of Provisional Liquidator
Case Brief
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Parties
Montrow Intl. Ltd.
Applicant
Procedural Posture
Company Law Insolvency / Application for Recognition of Foreign Proceedings and Appointment of Provisional Liquidator
Legal Issues
- 1 Whether the Jersey court should recognize foreign insolvency proceedings
- 2 Whether a provisional liquidator should be appointed in Jersey
Ratio Decidendi
The court recognized the foreign insolvency proceedings and appointed a provisional liquidator to safeguard the company's assets in Jersey.
Court Disposition
Application granted
Orders
- Recognition of foreign insolvency proceedings
- Appointment of provisional liquidator
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