Girish Mahajan (Editor)

Re Transbus International Ltd

Updated on
Share on FacebookTweet on TwitterShare on LinkedInShare on Reddit
Covid-19
Ruling court  High Court of Justice
Re Transbus International Ltd
Citation(s)  [2004] EWHC 932, Ch, [2004] 2 All ER 911

Re Transbus International Ltd [2004] EWHC 932 (Ch) is a UK insolvency law case, concerning the discretion of an administrator to trade with a company's assets.

Contents

Facts

The administrators of Transbus International Ltd applied to the court under IA 1986 Sch B1, para 63 for directions about whether or not they could effect a sale of the business.

Judgment

Lawrence Collins J held the administrator can act without creditor approval or court approval, if he thinks it in the best interest of creditors.

References

Re Transbus International Ltd Wikipedia


Similar Topics
Holyman Undercover
Joe Allon
Aaron Cornelius
Topics
 
B
i
Link
H2
L