Kent Solicitors

A failing businessman fled to Spain before the issue of a bankruptcy petition on an unpaid business debt. Does the English Court have jurisdiction to deal with the petition even though the man was abroad? Yes, there is a deemed continuation of business until the debt is paid. This gives rise to a prima facie case that the debtor's centre of main interests is in England. This in turn gives jurisdiction to the English Courts.

Labels: Bankruptcy petition jurisdiction bankrupt abroad