Act of Sederunt (Sheriff Court Company Insolvency Rules 1986) Amendment (UNCITRAL Model Law on Cross-Border Insolvency) 2006
This Act of Sederunt makes minor amendments to the Sheriff Court Company Insolvency Rules 1986 to make provision in respect of participation in company insolvency cases by foreign administrators under article 12 of the Model Law on Cross-Border Insolvency set out in Schedule 1 to the Cross-Border Insolvency Regulations 2006. It also makes provision for the transfer of insolvency proceedings to the Court of Session where foreign insolvency proceedings have been recognised by that court.