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13.Jun.2017

Authoritative contribution to cross-border insolvency debate by Shepherd and Wedderburn

Shepherd and Wedderburn Finance & Restructuring partner, Dr Hamish Patrick, has provided expert analysis of an important Scottish case on cross-border insolvency for the authoritative specialised journal, International Corporate Rescue, which is published by Chase Cambria. The bi-monthly publication provides in-depth analysis by industry experts explaining and clarifying the ever more complex issues arising in cross-border restructuring and insolvency.

In the June issue, Dr Patrick explores the decision of Lord Tyre in Hooley Limited v The Victoria Jute Company Limited and others that a Scottish administration of a Scottish company should take precedence over its earlier liquidation at the Indian location of its business and assets. This issue of International Corporate Rescue contains further articles by eminent practitioners and academics from around the world on various other current issues of interest, including on schemes of arrangement, security interests, Brexit and Lehman Brothers.

This latest article adds to Dr Patrick’s publications over many years on insolvency, which include his contribution to Sweet & Maxwell’s European Cross-Border Insolvency along with Shepherd and Wedderburn partners Gillian Carty and Yvonne Brady and his contribution to Cross-Border Insolvency by Globe Law & Business, of which a new edition is shortly due to be published. His publications on structured debt include contributions to the first text on financial collateral: Yeowart and Parsons on the Law of Financial Collateral, published by Edward Elgar and with Shepherd and Wedderburn partners Rod MacLeod and Andrew Kinnes to Fund Finance 2017, by Global Legal Insights.

Dr Patrick’s article for International Corporate Rescue, A Scottish Take on Modified Universalism and Charges over Foreign Assets? can be read in its entirety here

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