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- First Come, First Served – Final Third Party Debt Order granted despite outstanding application to recognise foreign insolvency proceedings
First Come, First Served – Final Third Party Debt Order granted despite outstanding application to recognise foreign insolvency proceedings
David Leibowitz, Laura Edwards and Nick Payne of Mishcon de Reya recap a case which demonstrates that creditors with the benefit of a third-party debt order are ostensibly in a better position than other unsecured creditors of an insolvent estate.