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S.L. 403.15 · Insurance Business (Reorganisation And (S.L. 403.15)

S.L. 403.15 Art. 28Pending lawsuits.

PART III

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The effects of reorganisation measures or winding-up proceedings on a pending lawsuit concerning an asset or a right of which the Maltese insurance undertaking has been divested shall be determined solely in accordance with the law of the Member State or EEA State in which the lawsuit is pending.