Insolvency Proceedings and Shareholdings: When is a Foreign Judgment not a Judgment?


Chee Ho Tham has written an casenote in the latest issue of the Lloyd’s Maritime & Commercial Law Quarterly on “Insolvency proceedings and shareholdings: when is a foreign judgment not a judgment?” (L.M.C.L.Q. 2007, 2(May), 129-136). Here’s the abstract:

Comments on the Privy Council judgment in Cambridge Gas Transport Corp v Official Committee of Unsecured Creditors of Navigator Holdings Plc on whether a US bankruptcy ruling could be enforced against a Cayman Islands corporation which owned shares in an Isle of Man holding company. Discusses whether the US plan of reorganisation was a judgment in rem or in personam or was a judgment at all, for the purposes of enforcement in the Isle of Man.

Available to those with a subscription to the LMCLQ (not available online, unfortunately.)

(Please note that the site will probably be fairly quiet for the next few days, until the conference is over. See you on the other side!)