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'An unusual case in all sorts of ways' – English High Court Considers Administration Application for Russian VTB Bank's London Arm | Insights
In what Mr Justice Fancourt described as “an unusual case in all sorts of ways”, the English High Court was faced with a number of questions relating to how the UK’s insolvency regime can interact with the sanctions packages introduced in response to Russia’s invasion of Ukraine.
Source: gtlaw.com
English High Court Considers Russian VTB Bank's London Arm
English High Court considers director campaign for Russian VTB Bank’s London Arm, deciding how the UK insolvency regime interacts with Russian sanctions after the Ukraine invasion. Proposed administrators would achieve a better result for the creditors as a whole.
Source: natlawreview.com