Samsun Logix Corporation / The Cross-Border Insolvency Regulations 2006.
Mondaq Business Briefing › Nbr. 2009, January 2009
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Samsun Logix Corporation / The Cross-Border Insolvency Regulations 2006.
This briefing outlines the effect of the Order of Mr Justice Morgan in the High Court in England in the matter of Samsun Logix Corporation ("Samsun") on Thursday, 12 March 2009. The effect of the Order is to recognise the primacy of the rehabilitation proceedings commenced by Samsun in its home jurisdiction of Korea. Broadly, the order imposes a moratorium on the commencement and continuatio...
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