*Re Arm Asset Backed Securities S.A

Insolvency – Jurisdiction. A winding up petition was presented to the Chancery Division in respect of a company in the United Kingdom. Joint provisional liquidators were appointed and the English court ordered that the English provisional liquidation of the company was a main proceeding within art 3(1) of Council Regulation (EC) 1346/2000. A public prosecutor in Luxembourg applied to a court in Luxembourg for the commencement of a liquidation proceeding in respect of the company there. The Chancery Division granted the joint provisional liquidators' application for a declaration that the public prosecutor's application was stayed by s 130(2) of the Insolvency Act 1986.

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