Soden and Another v British and Commonwealth Holdings Plc and others: HL 16 Oct 1997

A court assessing the claims of members in a liquidation should distinguish between claims made qua members and others. Sums due to a member of company ranked as such if cause of action based on the statutory contract between company and members

Citations:

Gazette 29-Oct-1997, Times 22-Oct-1997, Gazette 14-Jan-1998, [1997] UKHL 41; [1998] AC 298; [1997] 4 All ER 353; [1997] 3 WLR 840

Links:

House of Lords, Bailii

Statutes:

Companies Act 1985 14(1)

Jurisdiction:

England and Wales

Insolvency

Updated: 31 May 2022; Ref: scu.158916