Cross-border issues are a key aspect of corporate restructurings and insolvencies, as companies may operate across multiple jurisdictions with differing insolvency regimes.
The Court of Appeal confirmed earlier this year in Servis-Terminal LLC v Drelle [2025] that for a foreign debt judgment to form the basis for insolvency proceedings in England, it must be recognised via recognition proceedings in the English courts. Evolving case law highlights the areas to keep an eye on when considering the enforcement of an overseas decision in England. This article serves as a refresher on the key considerations in recognition proceedings.
Background refresher – The legal landscape
The cross-border insolvency framework is…