European Union – Jurisdiction. In the course of proceedings between the liquidator of a German company and the managing director of that company regarding the recovery of funds paid to one of that company's subsidiaries, the Court of Justice of the European Union considered, as a preliminary ruling, inter alia, whether the courts of the member state in the territory of which insolvency proceedings regarding a company's assets had been opened had jurisdiction, on the basis of art 3(1) of Council Regulation (EC)1346/2000 (on insolvency proceedings), to hear and determine an action such as that at issue in the main proceedings.