000			01595cab a2200289 4500
001			ABS55555
008			090401t1996 xxu||||| |||| 00| 0 eng d
035			_a(Sirsi) u17292
041			_aeng
245			_aRe Park Air Services plc; Christopher Moran Holdings Ltd v Bairstow and Ruddock
260			_c1996
350			_a0
490			_aProperty and Compensation Reports _v[1996] 72 P&CR 2, 174-195(22)
520			_aChD 21 December 1995. Landlord B granted lease of business premises to company P for 25 years from September 1989, with arrangement for upward only rent reviews every five years. By 1994 payable rent was four to five times greater than current rental value. In December 1994 P entered into members` voluntary winding up. Liquidators C gave notice of disclaimer of the lease. In January 1995 P submitted proof of debt for loss or damage under Insolvency Act 1986 s178(6) in excess of £5.3m, later £2.8m. C put the figure at £200,000, rejecting P`s proof of debt. "Held" basis for loss or damage to be calculated as the subtraction of the `residual amount` from the `no disclaimer amount` plus an amount added for dilapidations.
650			_aDISCLAIMERS
650			_aINSOLVENCY ACT 1986 S178 6
650			_aInsolvency _96247
650			_aLEASES
650			_aLIQUIDATOR
650			_aMARKET RENT
650			_aOVER-RENTED PROPERTY
650			_aRE PARK AIR SERVICES PLC; CHRISTOPHER MORAN HOLDINGS LTD V BAIRSTOW AN
650			_aVOLUNTARY LIQUIDATION
690			_aLANDLORD AND TENANT-CASE LAW-BUSINESS TENANCIES
942			_n0
948			_c04/03/1997
999			_c11469 _d11469