Mobile Menu
Alerts

Important Judgment in PricewaterhouseCoopers v Saad Investments Company Limited and Singularis Holdings Ltd.

The Court of Appeal for Bermuda (Zacca P, Auld JA and Bell AJA) has delivered an important judgment about the jurisdiction of the Bermuda court to assist foreign liquidators by ordering the production of documents by persons in Bermuda.

The interplay or conflict between the decisions of the Privy Council and the UK Supreme Court in Cambridge Gas v Navigator [2007] 1 AC 508, Rubin v Eurofinance [2012] UKSC 46 and Al Sabah v Grupo Torras [2005] 2 AC 333 has been a source of great debate and litigation in the world of cross-border insolvency. The Bermuda Court of Appeal has provided clarity as to the common law position (at least in Bermuda) but less clarity in relation to the scope and control of statutory parallel insolvency procedures.

 

To continue reading full articles in PDF format:
Important Judgment in PricewaterhouseCoopers v Saad Investments Company Limited and Singularis Holdings Ltd.

 


Mark J. Forte
Partner, Head of BVI Litigation & Restructuring and Office

British Virgin Islands   +1 284 346 1113


Nigel K. Meeson QC
Partner

Hong Kong   +852 2842 9553

Mobile   +852 6469 3359


Paul Smith
Partner, Head of Cayman Islands Litigation & Restructuring Practice

Cayman Islands   +1 345 814 7777


Accolades
_

"Few firms can come close to Conyers on one critical metric, and this is the breadth of the client base."
- IFLR1000

Related International Markets

Bermuda
British Virgin Islands
Cayman Islands


Media Contact

For media enquiries, please contact media@conyersdill.com

Alerts

Important Judgment in PricewaterhouseCoopers v Saad Investments Company Limited and Singularis Holdings Ltd.

The Court of Appeal for Bermuda (Zacca P, Auld JA and Bell AJA) has delivered an important judgment about the jurisdiction of the Bermuda court to assist foreign liquidators by ordering the production of documents by persons in Bermuda.

The interplay or conflict between the decisions of the Privy Council and the UK Supreme Court in Cambridge Gas v Navigator [2007] 1 AC 508, Rubin v Eurofinance [2012] UKSC 46 and Al Sabah v Grupo Torras [2005] 2 AC 333 has been a source of great debate and litigation in the world of cross-border insolvency. The Bermuda Court of Appeal has provided clarity as to the common law position (at least in Bermuda) but less clarity in relation to the scope and control of statutory parallel insolvency procedures.

 

To continue reading full articles in PDF format:
Important Judgment in PricewaterhouseCoopers v Saad Investments Company Limited and Singularis Holdings Ltd.

 


Mark J. Forte
Partner, Head of BVI Litigation & Restructuring and Office

British Virgin Islands   +1 284 346 1113


Nigel K. Meeson QC
Partner

Hong Kong   +852 2842 9553

Mobile   +852 6469 3359


Paul Smith
Partner, Head of Cayman Islands Litigation & Restructuring Practice

Cayman Islands   +1 345 814 7777