Article 602 — International Jurisdiction for the Opening of

1/ The Ethiopian Courts shall have jurisdiction to open main proceedings if the center of the debtor’s main interest is situated in Ethiopia; The center of main interest shall be the place where the debtor conducts the administration of its interest on a regular basis and which is ascertainable by third parties; In the case of a company or legal person, the place of the registered office shall be presumed to be the center of its main interests in the absence of proof to the contrary; In case of a physical person, the center of its main interests shall be presumed to be the principal place of business in the absence of proof to the contrary. 2/ The judgment rendered for the opening of preventive restructuring proceedings, reorganization proceedings and bankruptcy proceedings with respect to a debtor having its center of main interest in Ethiopia shall have universal effect. 3/ Ethiopian Courts shall have jurisdiction to open territorial proceedings in respect of local assets if an establishment of the debtor is situated in Ethiopia; The establishment shall be the place of operations where the debtor carries out a non-transitory economic activity with human means and assets. 4/ The effects of territorial proceedings of the debtor having an establishment in Ethiopia shall be restricted to the assets of the debtor situated in the territory of Ethiopia. 5/ Ethiopian Courts shall have jurisdiction to adjudicate actions which derive directly from such proceedings and are closely linked with them as referred to in Article 600(2) of this Code.