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Judges: Morgan J Citations: [2011] EWHC 1544 (Ch), [2011] ArbLR 34, [2011] BPIR 1524 Links: Bailii Statutes: Insolvency Act 1986 112 155 Jurisdiction: England and Wales Insolvency Updated: 22 July 2022; Ref: scu.441064
The tenant company went into liquidation, the receiver disclaimed the lease, and the landlord claimed compensation under the Act. The question concerned how the compensation was to be calculated. Held: Where a solvent tenant under an onerous lease goes into voluntary liquidation, and the liquidator disclaims the lease, the right to payment of rent disappears, … Continue reading In Re Park Air Services Plc; Christopher Moran Holdings Ltd v Bairstow and Another: HL 4 Feb 1999