Malcolm Wu

Mar 27, 2023 | lexology.com | Michael Fiddy |Stephen Moi |Alexandra Wood |Malcolm Wu

SummaryIn a case which concerned the interaction between a judgment creditor seeking to enforce its judgment and a foreign insolvency office-holder seeking to realise assets for the benefit of the insolvent estate, the English High Court1 has made a final third party debt order ("TPDO") in respect of monies belonging to a Lithuanian company (the "company") which was the subject of Lithuanian insolvency proceedings.