Pari Passu in UK Law

  • Re Lines Brothers. Ltd
    • Court of Appeal (Civil Division)
    • 11 Febrero 1982
    ... ... apply the property of a company in satisfaction of its liabilities pari passu until he had put a value in sterling on any claims made in a foreign ... ...
  • Re Telewest Communications Plc
    • Chancery Division
    • 21 Junio 2004
    ... ... this departure from the rights of creditors in a winding-up and the pari passu principle involves an unfair and unjustifiable interference with the ... ...
  • Jervis v Pillar Denton Ltd
    • Court of Appeal (Civil Division)
    • 24 Febrero 2014
    ... ... be said that those who claim to be paid ought to come in and prove pari passu with creditors whose debts were incurred before the winding-up. If ... ...
  • White v Bristol Aeroplane Company Ltd
    • Court of Appeal
    • 11 Diciembre 1952
    ... ... of £680,000 new Cumulative Preference shares of £1 each, ranking pari passu in all respects with the present Preference Stock, formerly shares, ... ...
  • Re Ashpurton Estates Ltd
    • Court of Appeal (Civil Division)
    • 07 Mayo 1982
    ... ... If, however, Victoria ranks pari passu with the other creditors, it will receive a dividend of about 16 ... ...
  • Officeserve Technologies Ltd (in Compulsory Liquidation) v Annabel's (Berkeley Square) Ltd
    • Chancery Division
    • 15 Agosto 2018
    ... ... unsecured creditors, so that it is appropriate to disapply the usual pari passu principle: see Express Electrical Distributors Limited v Beavis ... ...
  • HIH Casualty and General Insurance Ltd v JLT Risk Solutions Ltd
    • House of Lords
    • 09 Abril 2008
    ... ... and the statutory preferred creditors, the assets are distributed pari passu among the ordinary creditors: see section 107 of the 1986 Act and ... ...
  • Re Aro Company Ltd
    • Court of Appeal (Civil Division)
    • 22 Noviembre 1979
    ... ... is that the unsecured creditors of an insolvent company are to rank pari passu (subject to statutory provisions as to preferential payments); see ... ...
  • British Eagle International Airlines Ltd v Compagnie Nationale Air France
    • House of Lords
    • 16 Abril 1975
    ... ... of the Company fell to be applied in satisfaction of its liabilities pari passu ... If the Defendant Company owed £7,925.1.3. to the Plaintiff ... ...
  • New Cap Reinsurance Corporation Ltd ((in Liquidation)) v Grant; Rubin v Eurofinance SA
    • Supreme Court
    • 24 Octubre 2012
    ... ... The principle of equality among creditors which underlies the pari passu principle may require the adjustment of concluded transactions which ... ...
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