Sanction was sought against a liquidator. Lightman J said: ‘The question is the commercial best interests of the company, reflected prima facie, by the commercial judgment of the liquidator, a judgment in my view which, in the circumstances and in the light of the evidence in this case, ought to be given full weight.’
Judges:
Ligtman J
Citations:
[1997] 2 BCLC 89
Jurisdiction:
England and Wales
Citing:
See Also – In Re Edennote Ltd; Tottenham Hotspur plc v Ryman CA 21-May-1996
The company was in liquidation. Terence Venables, who had owned the shares, had taken an assignment of a cause of action against the football club. The court had set aside that assignment, and removed the liquidator. Venables now appealed saying . .
Cited by:
Cited – Whitehouse v Wilson (Liquidator of Vol-Mec Ltd) and Another CA 7-Dec-2006
. .
Cited – Greenhaven Motors Limited (In Liquidation) and Another v BG Funding Limited and Another CA 31-Jul-1998
. .
Lists of cited by and citing cases may be incomplete.
Insolvency
Updated: 15 May 2022; Ref: scu.346609