Source: All England Reporter
Publisher Citation: [2003] All ER (D) 95 (May)
Court: Chancery Division

Sir Andrew Morritt V-C

Representation Andrew PD Walker (instructed by Halliwell Landau, Manchester) for the applicant.
  Daniel Bayfield (instructed by Lovells) for the respondent.
Judgment Dates: 8 May 2003


Companies - Winding up - Petition - Application to restrain presentation of winding up petition - Validity of cross-claim.

The Case

The court dismissed the applicant company's application for an injunction to restrain presentation of a winding up petition on the ground that it did not have a genuine and substantial cross-claim equalling or exceeding the amount claimed by the respondent company.

If you are a LexisLibrary subscriber you can read more about this case here.