Source: All England Reporter
Publisher Citation: [2012] All ER (D) 54 (Aug)
Neutral Citation: [2012] EWHC 2317 (Ch)
Court: Chancery Division
Judge:

Robert Ham QC sitting as a deputy judge of the High Court

Representation Adam Al-Attar (instructed by Kennedys Law LLP) for the bank.
  Lexa Hilliard QC (instructed by Harris Carter LLP) for the company.
Judgment Dates: 7 August 2012

Catchwords

Company - Administration order - Administrator - Application for appointment of administrator - Claimant bank holding floating charge over defendant company's assets - Floating charge taken to secure loans advanced under facility letters - Further facility letters and supplementary facility letters taken out - Bank issuing application for appointment of administrator - Company submitting liability to bank discharged - Whether banks lending compromised by agreement - Whether company's liability discharged - .

The Case

Company Administration order. The Chancery Division granted the claimant bank's application for the appointment of an administrator in regard to the defendant company.

Practice Areas

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