Rule 42 Recovery of Debts To and Other Claims By the Association

RECOVERY OF DEBTS TO AND OTHER CLAIMS BY THE ASSOCIATION

Without prejudice to the provisions of Rule 44 the Association may initiate proceedings and maintain any action against the Member in the Commercial Court of the High Court of Justice in London or any other court or arbitration tribunal in any jurisdiction to recover sums due to it or pursue other claims against the Member. The Association may take proceedings in any jurisdiction to obtain security for any claim it asserts against the Member.