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Running from Monday 21 May until Thursday 24 May 2012 is the appeal of Rubin & anor v Eurofinance SA & ors, to be heard in Courtroom 1 of the Supreme Court by Lords Walker, Mance, Clarke, Sumption and Collins. The appellant finance company created a trust which operated under English law for the benefit of consumers who participated in a programme in the US and Canada. After the trust instigated bankruptcy proceedings in the US the respondents were appointed as receivers of the trust in the UK, and also brought proceedings against the appellants in the US seeking to recover funds. The appellants did not submit to the jurisdiction of the US court and judgment was entered against them. The respondents then made their application to the UK High Court for an order recognising the US insolvency proceedings as a “foreign main proceeding”. It is for the Supreme Court to determine whether the US adversary proceedings should be recognised as “foreign main proceedings” and be enforced as a judgment of the English court. The case details are available here.

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