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UK Supreme Court confirms that unrecognised foreign judgments under common law rules can trigger insolvency proceedings

Stephen Moi, Julia Hosking, Michael Fiddy, Devi Shah and Joshua Haig of Mayer Brown explain that the UK Supreme Court has confirmed an unrecognised foreign judgment for a specified sum can constitute a “debt” capable of supporting a statutory demand or insolvency petition without prior recognition in England, while leaving open questions over the different treatment of judgments falling within statutory recognition regimes.