Continue reading "Administration: A question of timing"
Administration: A question of timing
The recent decision in Luminar has confirmed that where rent is due prior to the date of an administration, it will not be an expense. Mark Reading analyses the court’s findings ‘Administrators will continue to delay putting a company into administration until after a quarter day, where the quarter day is imminent, in order to …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Ellis v Rowbotham [1900] 1 QB 740
- Goldacre (Offices) Ltd v Nortel Networks UK Ltd [2009] EWHC 3389 (Ch)
- Leisure (Norwich) II Ltd v Luminar Lava Ignite Ltd [2012] EWHC 951 (Ch)
- Re Lundy Granite Co (1870-7) LR 6 Ch App 642
- Re Silkstone and Dodworth Coal & Iron Co (1881) 17 Ch D 158
- Re Toshoku Finance (UK) plc [2002] UKHL 6
- Sunberry Properties Ltd v Innovate Logistics Ltd [2009] EWCA Civ 1321