London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Cross-border insolvency - HIH Insurance

You may recall that we blogged on HIH Insurance (McGrath v Riddell) back in April 2008. The significance of the judgement is not the result that English assets were remitted to Australia, but the absence of majority support for the proposition that it is English common law or judicial principles, rather than section 426 Insolvency Act 1986, that allow the result.

INSOL International has now released a case study on this verdict, offering insight into the background of the case, its procedural history, the ruling of the court and the cross-border implications of the decision.




Date: 22nd January, 2009
Author: Chris Laughton


Articles from this Author

Contact a Partner


Well done to our tax team!…

Audit and Business Advisory Partner, Phil Fenn announces @HSBC win Corporate Bank of the Year #CEDeals



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn