In Re Paramount Airways Ltd (In Administration): ChD 14 Sep 1993

Administrators may adopt employment contracts without attracting personal liability.


Times 14-Sep-1993


Insolvency Act 1986 19-5


England and Wales


See AlsoRe Paramount Airways Ltd (In Administration) CA 8-Apr-1992
It was said that there had been a transction at an undervalue within section 238. It was given effect by a transfer to a bank in Jersey, from which recovery was no sought. The bank claimed that the section did not have extra-territorial effect.
Lists of cited by and citing cases may be incomplete.

Insolvency, Employment

Updated: 08 April 2022; Ref: scu.82111