Pillar Denton Ltd, Highcross (No1) Ltd, Highcross (No2) Ltd, CSC (Eldon Square) Ltd, CSC Lakeside Ltd, Ravenscroft Properties Ltd v Michael John Andrew Jervis, Stuart David Madison, Game Retail Ltd
Pillar Denton Ltd, Highcross (No1) Ltd, Highcross (No2) Ltd, CSC (Eldon Square) Ltd, CSC Lakeside Ltd, Ravenscroft Properties Ltd v Michael John Andrew Jervis, Stuart David Madison, Game Retail Ltd
- 2014
[2014] EWCA Civ 180, 24 February 2014. Appeal by landlords P et al and cross appeal by third respondent G concerning the extent to which rent falling due both before and after the appointment of administrators is treated as an expense of the administration. "Held" that where a property leased by a company in administration was retained by the administrator for the benefit of the administration, under the salvage principle the administrator had to pay the rent during the period for which he retained the property. The rent was treated as accruing from day to day and was payable as an expense of the administration. Appeal and cross appeal allowed. On 31 October 2014 UK Supreme Court refused permission for Games Retail Ltd to appeal, CA decision stands.
GAME GROUP PLC
PILLAR DENTON LTD ET AL V JERVIS ET AL
INSOLVENCY RULES 1986
GOLDACRE (OFFICES) LTD V NORTEL NETWORKS UK LTD
LEISURE (NORWICH) II LTD V LUMINAR LAVA IGNITE LTD (IN ADMINISTRATION)
England and Wales--1543-
[2014] EWCA Civ 180, 24 February 2014. Appeal by landlords P et al and cross appeal by third respondent G concerning the extent to which rent falling due both before and after the appointment of administrators is treated as an expense of the administration. "Held" that where a property leased by a company in administration was retained by the administrator for the benefit of the administration, under the salvage principle the administrator had to pay the rent during the period for which he retained the property. The rent was treated as accruing from day to day and was payable as an expense of the administration. Appeal and cross appeal allowed. On 31 October 2014 UK Supreme Court refused permission for Games Retail Ltd to appeal, CA decision stands.
GAME GROUP PLC
PILLAR DENTON LTD ET AL V JERVIS ET AL
INSOLVENCY RULES 1986
GOLDACRE (OFFICES) LTD V NORTEL NETWORKS UK LTD
LEISURE (NORWICH) II LTD V LUMINAR LAVA IGNITE LTD (IN ADMINISTRATION)
England and Wales--1543-