In re Paramount Airways Ltd (In Administration)

Abstract

Jurisdiction — Territorial — Applicability of English statute — Respondent bank registered and carrying on business in Jersey — Whether respondent out of jurisdiction of court — Section 238(2) of Insolvency Act 1986 — “Any person” — Meaning intended by Parliament — Whether encompassing “foreign” bank — Principles of statutory construction — Whether territorial scope of legislation unlimited — Whether Parliament intending limitation of application of statute — Court possessing discretion providing safeguards — Sufficient connection with England — Service out of jurisdiction — The law of England