header-logo header-logo

Practice

30 June 2017
Issue: 7752 / Categories: Case law , Law digest , In Court
printer mail-detail

Re Mason & Sons Ltd (in creditors’ voluntary liquidation); Richardson and another v White and another [2017] EWHC 1512 (Ch), [2017] All ER (D) 141 (Jun)

The Companies Court considered whether a trial should go ahead in respect of a claim brought by the joint liquidators of a company in creditors’ voluntary liquidation against the respondent former administrators, and subsequently, former liquidators, of the company.

By their claim, the current liquidators of the company sought a declaration that the respondents had misapplied, retained, or become accountable for, money or other property of the company, and/or were guilty of misfeasance, breach of fiduciary or other duty in relation to the company. The respondents denied that there had been dishonesty on their part and the first respondent sought to settle the claim.

The court ruled, among other things, that, in respect of the first respondent, an order would be made that reflected the offers he had made, which gave to the applicants everything they claimed in the proceedings. However, on the terms of those offers, there would be no specific finding of dishonesty against him. Accordingly, the trial would

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn Premium Content

Partner appointment in firm’s equity capital markets team

NEWS

Law school partners with charity to give free assistance to litigants in need

Magic circle firms, in-house legal departments and litigation firms alike are embracing more flexible ways to manage surges of workloads, the success of Flex Legal has shown

Magic circle firms, in-house legal departments and litigation firms alike are embracing more flexible ways to manage surges of workloads, the success of Flex Legal has shown

Magic circle firms, in-house legal departments and litigation firms alike are embracing more flexible ways to manage surges of workloads, the success of Flex Legal has shown

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

back-to-top-scroll