Williams and another v Broadoak Private Finance Ltd and others

Company – Administration order. The applicant administrators' application succeeded in their application under para 71 of Sch B21 to the Insurance Act 1986, seeking the court's permission to dispose of certain freehold land as if it was not subject to various security interests, together with an order as to the application of the sale proceedings up to a limit of around £4.48m. The Chancery Division made rulings as to the order of priority for the securities affected.

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