Reinsurance Practice and the Law
Chapter 39
CROSS-BORDER INSOLVENCY
INTRODUCTION
39.1
In the preceding chapter we focused on the winding-up of an English registered company within the English jurisdiction. Not all companies in the marketplace are registered in England. Many are the trading branches of foreign corporations who may have assets, and perhaps creditors, within the English jurisdiction. The question arises as to how English law deals with the insolvency of the foreign company where a winding-up order is made in its home country.