(Orse: Park Air Services) The tenant company went into a members’ solvent liquidation, and disclaimed the lease. At the time, the rental value had fallen very much below the contractual rent. The landlord sought to prove the balance of the rent with no allowance for being accelerated. The liquidator said the claim should be discounted for having been accelerated.
Held: The claim was correct as submitted.
Ferris J
[1996] 1 WLR 649
Insolvency Act 1986 178(2)
England and Wales
Cited by:
Appeal from – Park Air Services Plc; Christopher Moran Holdings Limited v Bairstow and Ruddock CA 1-May-1997
If a lease is determined or treated as determined in a winding up or in a bankruptcy, the landlord is entitled to prove in principle for all the rent and other payments which he would have been entitled to recover from the tenant for the residue of . .
Lists of cited by and citing cases may be incomplete.
Updated: 10 October 2021; Ref: scu.197012
