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PrimaCom confirming the extraterritoriality of English schemes of arrangement

  • Mayer Brown LLP
  • -
  • United Kingdom
  • -
  • March 7 2012

Hildyard J’s recent sanctioning of the scheme of arrangement proposed by PrimaCom Holding GmbH (‘’PrimaCom’’), a German incorporated company whose creditors were domiciled outside of the UK, has reaffirmed the extra-territorial jurisdiction of the English courts in respect of schemes of arrangement and confirmed their status as a useful instrument for foreign companies looking to restructure

The effect of German insolvency proceedings on international arbitration

  • Mayer Brown LLP
  • -
  • Germany
  • -
  • July 20 2010

The impact of insolvency proceedings on arbitral proceedings is becoming an increasingly important consideration for parties