# The Insurers (Reorganisation and Winding Up) Regulations 2003, Regulation 47: Lawsuits pending


(1) The effects of a relevant reorganisation measure or a relevant winding up on a relevant lawsuit pending in an EEA State shall be determined solely in accordance with the law of that EEA State.
(2) In paragraph (1), “relevant lawsuit” means a lawsuit concerning an asset or right of which the affected insurer has been divested.

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Source: https://www.legislation.gov.uk/uksi/2003/1102/regulation/47 (the official version)
Page: https://openlegislation.uk/insurers-reorganisation-and-winding-up-regulations-2003/regulation-47
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.