Powerhouse case clarifies CVA issues and offers some relief for landlords (Record no. 78857)

MARC details
000 -LEADER
fixed length control field 01302cab a22002295a 4500
001 - CONTROL NUMBER
control field L138407
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
fixed length control field 070605s2007 xxk f g 000 0 eng d
035 ## - SYSTEM CONTROL NUMBER
System control number (Sirsi) u138407
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title eng
100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Berryman, Kirsty
245 00 - TITLE STATEMENT
Title Powerhouse case clarifies CVA issues and offers some relief for landlords
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2007
490 #0 - SERIES STATEMENT
Series statement Property Forecast
Volume/sequential designation 10(5) May 2007, 14-15(2)
520 ## - SUMMARY, ETC.
Summary, etc. Discusses "Prudential Assurance Co Ltd and others v PRG Powerhouse Ltd and others" ([2007] EWHC 1002 (Ch), L138112) which concerned the validity of a Company Voluntary Arrangement (CVA). Outlines the background to the case, how a CVA can be challenged in accordance with the Insolvency Act 1986 s6(1), key points from the decision, and the impact of ?Powerhouse? on landlords. Whilst the decision in ?Powerhouse? marks an important win for landlords and property investors, landlords should now consider how to protect their guarantees going forward.
590 ## - LOCAL NOTE (RLIN)
Local note KA
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element COMPANY VOLUNTARY ARRANGEMENTS
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element INSOLVENCY ACT 1986 S6
650 24 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element PRUDENTIAL ASSURANCE CO LTD AND OTHERS V PRG POWERHOUSE LTD AND OTHERS
651 #4 - SUBJECT ADDED ENTRY--GEOGRAPHIC NAME
Geographic name United Kingdom
Chronological subdivision
690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN)
Topical term or geographic name as entry element PROPERTY-COMMERCIAL PROPERTY-LEASEHOLD COMMERCIAL PROPERTY-COMMERCIAL LANDLORD AND TENANT
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Suppress in OPAC 0
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Home library Current library Shelving location Date acquired Total Checkouts Full call number Barcode Date last seen Copy number Price effective from Koha item type
    Dewey Decimal Classification     London London Journal article 05/06/2007   L138407 138407-1001 06/08/2019 1 06/08/2019 Journal article