Administration
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Morris v Morris and others
Administration of estates – Forfeiture rule – Modification
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Morris v Morris and others
Administration of estates – Forfeiture rule – Modification
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How stringent is the duty to sell at the best price reasonably obtainable?
Mortgagees exercising a power of sale, and their receivers, cannot escape liability for sales at…
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Buying property “off-plan” can be a risky business.
The litigation in Williams v Broadoak Private Finance Ltd [2018] EWHC 1107 (Ch) concerned the proposed sale of a partly-developed property by joint administrators. The company that owned the property…
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Court of Appeal rejects hotel sale undervalue claim against administrators
The developers of a Kent hotel who ran out of funding three weeks before opening have failed in a claim that their administrators later sold the premises at an undervalue
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Do rents and other payments due to landlords constitute administration expenses, if a company’s administrator retains leasehold properties for the purposes of an administration?
In Goldacre (Offices) Ltd v Nortel Networks UK Ltd [2009] EWHC 3389 (Ch); [2010] 1 EGLR 25 the High Court decided that, if a quarter’s rent payable in advance fell…
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Jervis and others v Pillar Denton Ltd and others
Insolvency – Administration expenses – Payment of rent – Tenant holding retail premises on leases from appellant landlords – Tenant going into administration on day after quarter’s rent falling due…
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Closegate Hotel Development (Durham) Ltd and another v McLean and others
Insolvency – Administration – Floating charge – Claimant companies owning properties subject to floating charge in favour of bank — Bank purporting to appoint administrators – Whether administrators being validly…
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Closegate Hotel Development (Durham) Ltd and another v McLean and others
Closegate Hotel Development (Durham) Ltd and another v McLean and others. [2013] EWHC 3237 (Ch). Chancery Division, Companies Court. 25Oct2013. Mr Richard Snowden QC (Sitting as a Deputy Judge of…
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PP 2010/06
Payment of rent by a company in administration
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Goldacre (Offices) Ltd v Nortel Networks UK Ltd (in administration)
Administration – Administration expenses – Payment of rent – Respondent company in administration holding premises on long leases from applicant landlord – Administrators occupying part of premises for purposes of…
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Goldacre (Offices) Ltd v Nortel Networks UK Ltd (in administration)
Insolvency, Administration