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- Can foreign laws impact UK property? UK Supreme Court holds that London property cannot form part of Russian bankrupt's estate
Can foreign laws impact UK property? UK Supreme Court holds that London property cannot form part of Russian bankrupt's estate
Alison Hardy, Simon Clarke and Chloe Meredith of Ashurst summarise a recent UK Supreme Court decision reaffirming the immovables rule, which protects immovable property such as land from foreign bankruptcy claims, in a case where a Russian bankruptcy trustee tried to claim over a bankrupt's property in Belgrave Square.