In re Richards and Co: 1869

The court refused to sanction a scheme because it treated a creditor with preferential rights in a liquidation as an ordinary unsecured creditor.


[1869] 11 Ch D 676


England and Wales

Cited by:

CitedIn re Telewest Communications Plc ChD 26-Apr-2004
A scheme of arrangement had been proposed. The creditor complained that in providing for payment in a currency other than that agreed, it had been prejudiced.
Held: The provision in the scheme did purport to alter the claimant’s rights. . .
Lists of cited by and citing cases may be incomplete.

Company, Insolvency

Updated: 09 May 2022; Ref: scu.197910