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Mourant & Co Trustees Limited, Mourant Property Trustees Limited v Sixty UK Limited, Peter Hollis, Nicholas O'Reilly (in their capacity as joint supervisors of Sixty UK Ltd)

Language: English Publication details: 2010Subject(s): Online resources: Summary: [2010] EWHC 1890 (Ch), 23 July 2010. Challenges the use of company voluntary arrangements (CVAs) by tenant companies following the Powerhouse case (see L138112) to deprive landlords of the benefit of third party guarantees of tenants' liabilities. Held: The CVA imposed on the landlords (M) unfairly prejudiced their interests and must be set aside. Respondent S's joint administrators had sided with S instead of being impartial.
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Item type Current library Call number Copy number Status Barcode
Law report Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 151150-2001

[2010] EWHC 1890 (Ch), 23 July 2010. Challenges the use of company voluntary arrangements (CVAs) by tenant companies following the Powerhouse case (see L138112) to deprive landlords of the benefit of third party guarantees of tenants' liabilities. Held: The CVA imposed on the landlords (M) unfairly prejudiced their interests and must be set aside. Respondent S's joint administrators had sided with S instead of being impartial.

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