000 01669cab a2200205 4500
001 ##L134178
008 060714n2006 000 0 eng u
035 _a(Sirsi) u134178
041 0 _aeng
245 0 0 _aMavis Valerie Chittenden and others v Andrew J Pepper and others
260 _c2006
520 _a[2006] EWHC 1511 (Ch), 26 June 2006. Concerns the valuation of an unascertained and unliquidated debt at £1 under Insolvency Rules 1986 by the chairman of a creditors' meeting. Newlands (Seaford) Educational Trust provided education for children in premises leased from C, and was required under the terms of the lease to keep the property in good repair. When C prepared a schedule of dilapidations and sent it to N, N disputed liability. N went into administration owing to insolvency, and administrator P proposed a Company Voluntary Arrangement (CVA) whereby another company would purchase N's assets and C would be excluded from the list of creditors. C voted against the CVA, but the chairman operated Insolvency Rules 1986 to value C's claim at £1. "Held": in the instant case it was impossible to conclude that some minimum value should be treated as admitted, therefore the chairman had no option but to refuse to put any higher value on C's claim.
590 _aIKA180706
650 2 4 _aCHITTENDEN AND OTHERS V PEPPER AND OTHERS
650 2 4 _aINSOLVENCY RULES 1986
651 4 _aEngland and Wales
_y1543-
690 _aPROPERTY-COMMERCIAL PROPERTY-LEASEHOLD COMMERCIAL PROPERTY-COMMERCIAL LANDLORD AND TENANT
856 4 0 _uhttps://www.bailii.org/ew/cases/EWHC/Ch/2006/1511.html
_zView the item free of charge at www.bailii.org...
942 _n0
999 _c77395
_d77395