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Vol 17 (2020) - Issue 2
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In The Matter of Nektan (Gibraltar) Limited [2020] EHWC 65 (Ch)
Jamie Murray-Jones, Associate, and Catherine Balmond, Partner, Freshfields Bruckhaus Deringer LLP, London, UKSynopsis
The Court granted an administration order to appoint administrators over Nektan Gibraltar Limited ('Nektan'), a company registered in Gibraltar. The Court concluded that Nektan's centre of main interests (COMI) was in England, rebutting the presumption that COMI is located in the place of the registered office despite Nektan not having a physical address in England. The Court also concluded, obiter, that the English court has jurisdiction over a Gibraltar incorporated company, even if that company's COMI is in Gibraltar.
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