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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

Language: English Publication details: 2014Subject(s): Online resources: Summary: [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.
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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 158242-2001

[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.