Supreme Court reinforces the utility of foreign judgments in UK insolvency proceedings

Alex Jay, Jack Barlow and Taronish Mistry of Stewarts provide key takeaways from the Supreme Court’s decision in Drelle v Servis-Terminal, which confirms that an unrecognised and unregistrable foreign judgment can constitute a debt for bankruptcy purposes under section 267 of the Insolvency Act 1986, allowing creditors to access English insolvency processes without first obtaining separate recognition of the judgment and potentially extending the same principle to winding-up proceedings.

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