Analyzing the Impact of COMI Shift in an Intricate Restructuring Plan

This chapter examines a case involving a company seeking restructuring in England despite having debts governed by German law, emphasizing the significance of a center of main interest (COMI) shift. The court's perspective on the effectiveness of the COMI shift, the importance of establishing ties with England, and the implications of forum shopping are explored, alongside the company's strategies for relocating its COMI to the UK for restructuring.