OpenLegislation

Paragraph 47

Original text. Later amendments are not shown.

In rule 1.2(2)—

(a)

omit the following definitions—

(i)

“main proceedings”,

(ii)

“member State liquidator”,

(iii)

“non-EU proceedings”’,

(iv)

“secondary proceedings”,

(v)

“temporary administrator”,

(vi)

“territorial proceedings”;

(b)

insert in the appropriate places—

  • ““COMI proceedings” means insolvency proceedings in England and Wales to which the EU Regulation applies where the centre of the debtor’s main interests is in the United Kingdom;

  • “establishment” has the same meaning as in Article 2(10) of the EU Regulation;

  • “establishment proceedings” means insolvency proceedings in England and Wales to which the EU Regulation applies where the debtor has an establishment in the United Kingdom;”.