There are currently no known outstanding effects for the The Cross-Border Insolvency Regulations (Northern Ireland) 2007, Cross Heading: Article 13. Access of foreign creditors to a proceeding under Northern Ireland insolvency law.
1. Subject to paragraph 2, foreign creditors have the same rights regarding the commencement of, and participation in, a proceeding under Northern Ireland insolvency law as creditors in Northern Ireland.N.I.
2. Paragraph 1 does not affect the ranking of claims in a proceeding under Northern Ireland insolvency law, except that the claim of a foreign creditor shall not be given a lower priority than that of general unsecured claims solely because the holder of such a claim is a foreign creditor.N.I.
3. A claim may not be challenged solely on the grounds that it is a claim by a foreign tax or social security authority but such a claim may be challenged—N.I.
(a)on the ground that it is in whole or in part a penalty, or
(b)on any other ground that a claim might be rejected in a proceeding under Northern Ireland insolvency law.
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
