UK court claims jurisdiction over company in Chapter 11
Eversheds, Freshfields Bruckhaus Deringer and Sidley Austin Brown & Wood have advised on a groundbreaking cross-border insolvency. A High Court ruling in Brac Rent-A-Car International gives UK courts jurisdiction over US-registered companies in Chapter 11 for the first time, providing the company has sufficient UK interests. Sidley put Brac’s parent company Budget Rent a Car […]