Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast) (c. 848)

CHAPTER I U.K. GENERAL PROVISIONS

Article 16 U.K. Detrimental acts

Point (m) of Article 7(2) shall not apply where the person who benefited from an act detrimental to all the creditors provides proof that:

(a)

the act is subject to the law of a Member State other than that of the State of the opening of proceedings; and

(b)

the law of that Member State does not allow any means of challenging that act in the relevant case.