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English High Court Grants Petropavlovsk Administrators Permission to Enter Into Sale Amidst Sanctions Concerns
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Howard Morris and Tola Adeseye of Morrison Foerster report on a recent decision in which the High Court was faced with the insolvency of a company whose business was crippled by sanctions, which also caused legitimate concerns of breach in the administrators’ attempts to find the best solution for the company’s stakeholders.