The Weekly Law Reports
[2018] 2 WLR 834
Court of Appeal
Tchenguiz and others v Grant Thornton UK llp and others
[2017] EWCA Civ 83
2017 Feb 1,
2;
March 3
March 3
Briggs, Sales, Henderson LJJ
Conflict of laws— Jurisdiction under European Union Directive— Insolvency— Claimants bringing tortious claim in England against Icelandic bank subject to winding up proceedings in Iceland— Icelandic insolvency law prohibiting bringing of court proceedings against bank subject to winding up proceedings— Whether having jurisdictional effect throughout European Economic Area— Whether claim to be dismissed—
Credit Institutions (Reorganisation and Winding up) Regulations 2004 (SI 2004/1045), reg 5
—
Parliament and Council Directive 2001/24/EC, art 10
—
Lugano Convention on Jurisdiction and the Recognition and Enforcement of Judgments in Civil and Commercial Matters (2007), art 5(3)