New Judgment: Rubin & Anor v Eurofinance SA & Ors; New Cap Reinsurance Corp & Anor v Grant & Ors  UKSC 46
24 Wednesday Oct 2012
The two appeals concern whether, and if so, in what circumstances, an order or judgment of a foreign court in proceedings to set aside prior transactions, such as preferences or transactions at an undervalue (avoidance proceedings), will be recognised and enforced in England and Wales.
Held: under the common law and the Foreign Judgments (Reciprocal Enforcement) Act 1933, a foreign court had jurisdiction to give a judgment in personam capable of recognition and enforcement against the person whom the judgment was given if the person (i) was present in the foreign court when proceedings were instituted; (ii) was a claimant, or counterclaimed, in the foreign proceedings; (iii) submitted to the jurisdiction of the foreign court by voluntarily appearing in the proceedings; or (iv) agreed to submit to the jurisdiction of the foreign court before the commencement of the proceedings. There should not be special rules for avoidance judgments.