El reconocimiento en España del scheme of arrangement de derecho inglés tras el Brexit

  1. Ballesteros Barros, Ángel María 1
  1. 1 Universidad de Cádiz
    info

    Universidad de Cádiz

    Cádiz, España

    ROR https://ror.org/04mxxkb11

Journal:
Cuadernos de derecho transnacional

ISSN: 1989-4570

Year of publication: 2021

Volume: 13

Issue: 1

Pages: 70-86

Type: Article

DOI: 10.20318/CDT.2021.5952 DIALNET GOOGLE SCHOLAR lock_openOpen access editor

More publications in: Cuadernos de derecho transnacional

Sustainable development goals

Abstract

This article analyses the possibility of recognizing and enforcing in Spain an English Scheme of Arrangement sanctioned by a British court in the double scenario of having started before or after December 31, 2020, the end date of the transitional period for Brexit. The mechanism of recognition and enforcement in Spain will be conditioned to its previous characterization from a doublé perspective: regarding the legal nature of the institution as a matter of civil and commercial, bankruptcy or corporate law; and on the other hand, from a procedural perspective, regarding the consideration of the court’s order as a judicial resolution, a court-approved settlement or an act of voluntary jurisdiction.

Bibliographic References

  • J. Payne, Schemes of Arrangement: Theory, Structure and Operation, Cambridge University Press, 2014.
  • J. Windsor, “Una visión panorámica de los schemes of arrangement ingleses”, Revista de derecho concursal y paraconcursal, 2011, núm. 15, pp. 553-563, p. 554.
  • R. Mokal, “The Difficulties with ‘Financial Difficulties’: The Threshold Conditions for the New Part 26A Process”, Butterworths Journal of International Banking and Financial Law, 2020, vol. 35, núm. 10, pp. 662-664.
  • J. J. González Antequera, Los Schemes of arrangement en el Derecho inglés, Civitas, 2019, pp. 56-69.
  • J. Payne, “Schemes of arrangement y reestructuración de deuda en el derecho inglés”, Revista de derecho concursal y paraconcursal, 2015, núm. 22, pp. 315-328, esp. 322-327.
  • A. Briggs, “Brexit and Private International Law: An English Perspective”, Riv. dir. int. priv. proc., 2019, vol. 55, núm. 2, pp. 261-283, esp. p. 264.
  • F. J. Garcimartín Alférez, “La eficacia en España de los schemes of arrangement ingleses”, Revista de derecho concursal y paraconcursal, 2010, núm. 13, pp. 383-398, p. 386.
  • J. Payne, “Cross-border Schemes of Arrangement and Forum Shopping”, European Business Organization Law Review, 2013, vol. 4, núm. 14, pp. 563-589.
  • E. Torralba Mendiola y Á. Carrasco, “Schemes of arrangement ingleses para sociedades españolas: una crítica”, Revista de derecho concursal y paraconcursal, 2011, núm. 14, pp. 349-362.
  • L. C. Ho, “A Restatement of the English Court´s Jurisdiction to Sanction a Scheme of Arrangement”, Corporate Rescue and Insolvency, 2009, vol. 1, núm. 3, pp. 1-6.
  • L. Carballo Piñeiro, “La insolvencia transfronteriza en la Unión Europea y el Reino Unido tras el Brexit”, Revista de derecho concursal y paraconcursal, núm. 27, 2017, pp. 493-511, p. 509.
  • I. Mevorach y A. Walters, “The Characterization of Pre-insolvency Proceedings in Private International Law”, European Business Organization Law Review, 2020, vol. 4, núm. 21, pp. 855-894, esp. 875-880.
  • R. Rodriguez y P. Gubler, “Recognition of a UK Solvent Scheme of Arrangement in Switzerland and under the Lugano Conventions”, IPRAx, 2020, vol. 4, pp. 372-378.
  • J. Marshall, J. Ferguson y L. Aconley, “Brexit: what next for cross-border restructurings and insolvencies?”, Corporate Rescue and Insolvency, 2016, núm. 4, pp. 149-151.
  • L. C. Ho, “A rational basis of jurisdiction over EEA insurers’ solvent schemes that the WFUM decision could be, but isn’t”, Insolvency Law & Practice, 2006, vol. 22, pp. 145-149.
  • Á. Espiniella Menéndez, “Brexit e insolvencia transfronteriza”, Anuario Español de Derecho Internacional Privado, 2017, t. XVII, pp. 91-123, p. 96.
  • A. Iriarte Ibargüen, “España y Reino Unido tras el Brexit. Medidas temporales”, Diario La Ley, núm. 9763, 4.1.2021.
  • J. Windsor, “El potencial impacto del Brexit en el mercado de las reestructuraciones y la insolvencia”, Revista de derecho concursal y paraconcursal, 2019, núm. 31, pp. 387-396, esp. p. 394.
  • R. Sheldon (ed.), Cross Border Insolvency, Bloomsbury, Londres, 2015.
  • L. Carballo Piñeiro, “Brexit and International Insolvency Beyond the Realm of Mutual Trust”, International Insolvency Review, 2017, vol. 26, núm. 3, pp. 270-294, p. 293, disponible en <doi.org/10.1002/iir.1283>
Data source: Dialnet