The claimants asked the court to exercise jurisdiction over a yacht purchased by the defendant company incorporated and domiciled in France with money from the insolvent company.
Held: The court did not have jurisdiction. Article 2 of the regulation applied so as to require the matter to go before the courts in France. The exception in article 1(2)(b) did not apply so as to exclude application of the regulation.
Judges:
Sir Andrew Morritt, Chancellor
Citations:
[2010] BCC 368, [2010] ILPr 24, [2010] EWHC 133 (Ch), Times 15-Feb-2010, [2010] WLR (D) 18
Links:
Statutes:
Council Regulation (EC) No 44/2001 of December 22, 2000
Jurisdiction:
England and Wales
Jurisdiction, Insolvency
Updated: 14 August 2022; Ref: scu.396744
