Lazari GP Ltd & anor v Jervis & ors [2012] EWHC 1466 (Ch)

Administrators: Are you sitting comfortably?

David Marsden assesses a recent High Court case concerning financial prejudice suffered by administrators and forfeiture ‘Even if some prejudice is suffered by the administrators, it may not be enough to impede the purpose of the administration.’ The recent case of Lazari Investments Ltd v Saville [2015] states for the first time that financial prejudice …

Continue reading "Administrators: Are you sitting comfortably?"

This post is only available to members.

Administrations: The test of time

The tactical use of administration timing continues following Goldacre and Luminar, as Robin Biela finds out ‘It seems inevitable that litigation and debate will continue over the appropriate balance of rights enjoyed by landlords, tenants and insolvency practitioners as high-profile companies continue to flirt with insolvency.’ While figures published by the Office for National Statistics …

Continue reading "Administrations: The test of time"

This post is only available to members.