In Re Buckingham International Plc: ChD 20 Nov 1997

There is no power in the court to make any arrangement which will result in the preference of one set of creditors over others of the same class.

Citations:

Times 20-Nov-1997

Statutes:

Insolvency Act 1986 183(1)

Jurisdiction:

England and Wales

Cited by:

Appeal fromIn re Buckingham International Plc and In the Matter of Insolvency Act 1986; Mitchell v Buckingham International Plc CA 16-Feb-1998
. .
CitedLB Holdings Intermediate 2 Ltd, The Joint Administrators of v Lehman Brothers International (Europe), The Joint Administrators of and Others SC 17-May-2017
In the course of the insolvent administration of the bank, substantial additional sums were received. Parties appealed against some orders made on the application to court for directions as to what was to be done with the surplus.
Held: The . .
Lists of cited by and citing cases may be incomplete.

Insolvency

Updated: 03 August 2022; Ref: scu.81762