000 01441cab a2200253 4500
001 ABS59831
008 090401t1998 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u90446
041 _aeng
245 _aJohnson and another v Davies and another
260 _c1998
350 _a0
490 _aEstates Gazette Law Reports
_v[1998] 49 EG 153-160(8)
520 _aCA 18 March 1998. Appeal bought by the defendants D, against the decision that they were obligated to indemnify the plaintiffs. J were principal shareholders in a company before selling out to D and Mr Hopkins H. Subsequently the company was placed in receivership, and J satisfied the landlords claims, but sought reimbursement from D on the basis of a share sale agreement. The defendants contended that they were released from their obligation to indemnify due to a voluntary arrangement entered into by H which J voted in favour of. The judge ruled that the words used in the voluntary agreement were inconsistant with the intention to release the defendants from their liability as co-debtors. Held, appe£al dismissed.
650 _aINDEMNIFICATION CLAUSES
650 _aINSOLVENCY ACT 1986
650 _aINSOLVENCY VOLUNTARY ARRANGEMENT
650 _aJOHNSON AND ANOTHER V DAVIES AND ANOTHER
650 _aSHARE SALE AGREEMENT
650 _aSURETIES
690 _aLANDLORD AND TENANT-CASE LAW-BUSINESS TENANCIES
942 _n0
948 _c22/12/1998
999 _c57348
_d57348