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The golden rules

By: Contributor(s): Language: English Series: Estates Gazette ; (1013) 3 April 2010, 78-79(2)Publication details: 2010Subject(s): Summary: "Goldacre (Offices) Ltd v Nortel Networks UK Ltd (in administration)" [2009] EWHC 3389 (Ch) (L149729) clarifies the treatment of rent as an administration expense where adminsitrators make use of or retain leasehold premises. Insolvency expenses and the "Lundy Granite" principle.

"Goldacre (Offices) Ltd v Nortel Networks UK Ltd (in administration)" [2009] EWHC 3389 (Ch) (L149729) clarifies the treatment of rent as an administration expense where adminsitrators make use of or retain leasehold premises. Insolvency expenses and the "Lundy Granite" principle.