The UK is awell-established jurisdiction for cross border insolvencies, both within the EUand the rest of the world. The English Court’s jurisdiction in cross borderinsolvency cases derives from one of four key sources: the EC Council Regulation 1346/2000 (EUIR), the Cross Border Insolvency Regulations 2006, Section 426 of the Insolvency Act 1986, which modified the UK lawunder Article 3, and the common law.

1 Themain piece of EU legislation that governed this area of law was the EC CouncilRegulation EUIR, or “the Insolvency Regulation” and the UNCITRALModel Law (“Model Law”), which in the UK has been implemented by way of theCross Border Insolvency Regulations 2006 (“CBIR 2006”).2 1 Note too, Foreign Judgements(Reciprocal Enforcement) Act 1933, which provides for enforcement in England ofcivil and commercial judgements made in designated jurisdictions provided thatthe judgement has been registered under the statute. 2 Marelli,F (2016) “What willbe the impact of Brexit on insolvency proceedings?”,Lexology.com:HYPERLINK”https://www.lexology.com/library/detail.aspx?g=7828bfb8-feaf-4a7e-97cb-cc5664f36e47″

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