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Rubin: enforcement of US judgments in England
- Morgan Lewis & Bockius LLP
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- United Kingdom, USA
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- May 8 2013
On 24 October 2012, the UK Supreme Court issued a judgment in the case of Rubin v Eurofinance SA, reaffirming the English common law principles
EuroResource--deals and debt
- Jones Day
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- Argentina, Cyprus, France, United Kingdom, USA
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- April 29 2013
On 29 March 2013, the Republic of Argentina proposed an alternative payment formula to the U.S. Court of Appeals for the Second Circuit that, if
BLG Monthly Update
- Borden Ladner Gervais LLP
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- Argentina, Australia, Canada, United Kingdom, USA
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- December 19 2012
The BLG Monthly Update is a digest of recent developments in the law which Neil Guthrie, our National Director of Research, thinks you will find
International regulatory update 10-14 December 2012
- Clifford Chance LLP
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- European Union, Germany, Hong Kong, Italy, Spain, United Kingdom, USA
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- December 17 2012
The European Council (Heads of State or Government) has published the conclusions from its meeting on 13 and 14 December 2012, at which it agreed on a roadmap for the completion of the Economic and Monetary Union
EuroResource--deals and debt
- Jones Day
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- Spain, United Kingdom, USA
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- November 8 2012
On 26 October 2012, the U.S. Court of Appeals for the Second Circuit, in a ruling that may impact sovereign debt restructurings, upheld a lower court order enjoining Argentina from making payments on restructured defaulted debt without making comparable payments to bondholders who did not participate in the restructuring
UK Supreme Court refuses to enforce US judgment made in insolvency proceedings against English resident defendants
- Herbert Smith Freehills LLP
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- United Kingdom, USA
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- November 1 2012
In Rubin v Eurofinance SA 2012 UKSC 46, the Supreme Court (by a majority of 4 to 1) reversed the Court of Appeal’s unanimous decision and held that the English court would not enforce a judgment made by the New York court in insolvency proceedings to which the defendant did not submit
English Supreme Court refuses to enforce U.S. bankruptcy avoidance action judgment
- Cadwalader Wickersham & Taft LLP
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- United Kingdom, USA
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- October 29 2012
The recent judgment of the Supreme Court in the joined cases of Rubin and another v Eurofinance SA and others and New Cap Reinsurance Corporation (in liquidation) and another v A E Grant and others 2012 UKSC 46, issued on 24 October 2012, established that judgments avoiding pre-bankruptcy transactions (“avoidance judgments”) made by non-EU foreign courts (including U.S. bankruptcy courts) have no special enforceability status in England and Wales compared to ordinary judgments
Judgment proof: the English Supreme Court pushes back on U.S. Bankruptcy Court jurisdiction
- Reed Smith LLP
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- United Kingdom, USA
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- October 24 2012
In a case with truly global implications, the Supreme Court of England and Wales held earlier today that judgments of U.S. Bankruptcy Courts against foreign defendants who had not submitted to the Bankruptcy Court’s jurisdiction were not enforceable in England and Wales in the case of Rubin v. Eurofinance SA
First test case for Dubai’s innovative Decree 57 restructuring regime
- Latham & Watkins LLP
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- Singapore, United Arab Emirates, United Kingdom, USA
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- July 2 2012
On April 1, 2012 Drydocks World LLC and its subsidiary Drydocks World Dubai LLC, a Dubai- and Asia-based ship building and repair company that is wholly owned by Dubai World, became the first company to commence a reorganization proceeding in the Special Tribunal created by Dubai Decree No. 57 for 2009 and avail itself of Decree 57’s integrated legal framework
English Court of Appeal interprets the ISDA Master Agreement
- Cadwalader Wickersham & Taft LLP
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- United Kingdom, USA
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- April 12 2012
Last week the Court of Appeal of England and Wales handed down its decision in four appeals which raise a number of questions of construction in relation to derivatives in the form of interest rate swaps and forward freight agreements documented under the International Swaps and Derivatives Association Inc. Master Agreement
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