Fairfield Sentry Ltd v. Citco Bank Nederland NV [2012] IEHC 81
(High Court, Finlay Geoghegan J, 28 February 2012)
High Court: a) grants declaration that an order of the High Court of Justice of the Eastern Caribbean Supreme Court appointing a liquidator to the plaintiff company was entitled to recognition in Ireland; b) refuses to grant declaration that an order of conservatory garnishment in the Netherlands was entitled to recognition in Ireland; and c) refuses a decoration that funds held by a defendant in an Irish account were held to the order of the liquidator of the plaintiff company.
Liquidation of company – recognition of overseas liquidation – overseas orders of conservatory garnishment – international litigation (Madoff) – Commercial Court – funds held in Dublin account – law relating to foreign insolvencies – entitlements in More
