MT Realisations Limited (In Liquidation) v Digital Equipment Co Limited: CA 10 Apr 2003
The company was insolvent, depending upon loans to it from its parent company. In the liquidation, it was claimed that in a scheme for the acquisition of the shares, the assumption of liability to repay a loan amounted to unlawful financial assistance in the acquisition of its shares. The claimant company appealed a striking out … Continue reading MT Realisations Limited (In Liquidation) v Digital Equipment Co Limited: CA 10 Apr 2003