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The Court Of Appeal Lifts Stay On Liquidator’s Claim In Saad Group Insolvency

In an article first published in the April edition of the The In-House Lawyer, Julian Johnstone considers the law applicable to cross-border trusts in the context of the winding up of the Saad Group, substantial Middle-Eastern investment vehicle. The case is of general application to cross-border trusts and the validity of trusts in insolvency situations.