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Company – Administration. The defendant appealed against the judge's order that the claimant administrators be permitted to sell the assets of a company, which were subject to a fixed charge security held by the defendant, as if they were not subject to that security. The Court of Appeal, Civil Division, in dismissing the appeal, held that judge had approached the matter correctly, had properly taken into account the matters to which he had been bound to have regard and had come to a conclusion which had fallen well within the bounds of a reasonable exercise of his discretion.
Company – Administration. The defendant appealed against the judge's order that the claimant administrators be permitted to sell the assets of a company, which were subject to a fixed charge security held by the defendant, as if they were not subject to that security. The Court of Appeal, Civil Division, in dismissing the appeal, held that judge had approached the matter correctly, had properly taken into account the matters to which he had been bound to have regard and had come to a conclusion which had fallen well within the bounds of a reasonable exercise of his discretion.
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Westgate Wealth Management Ltd is a Partner Practice of FTSE 100 company St. James’s Place – one of the top UK Wealth Management firms. We offer a holistic service of distinct quality, integrity, and excellence with the aim to build a professional and valuable relationship with our clients, helping to provide them with security now, prosperity in the future and the highest standard of service in all of our dealings.
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Sam Townend KC explains the Bar Council’s efforts towards ensuring a bright future for the profession
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