Arlington Infrastructure Ltd ((in Administration)) and another v Woolrych and Others
| Jurisdiction | England & Wales |
| Court | Chancery Division |
| Neutral Citation | [2020] EWHC 3123 (Ch) |
| Year | 2020 |
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1 cases
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Strategic Advantage SPC for and on behalf of Arlington 1 SP and Arlington 3 SP v ARL O09 Ltd
...or otherwise”. 14 The Paragraph 16 Application was heard by me on 13 November 2020 and I handed down judgment on 19 November 2020 ( [2020] EWHC 3123 (Ch)). I held that the appointment of the Proposed Administrators as joint administrators of the Companies was invalid because (1) the require......
2 firm's commentaries
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Caution for UK lenders: failure to abide by deed of priority may result in appointment of administrators being void
...of Arlington Infrastructure Ltd (In Administration) v Woolrych [2020] EWHC 3123 (Ch) is a cautionary reminder to qualifying floating charge holders (and their advisors) to review the terms of all security documents, before seeking to appoint an In this case, failure by junior chargeholders ......
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Security is not "enforceable" if a required creditor consent has not been obtained
...also result in a significant claim for damages. Arlington Infrastructure Ltd (in administration) and another v Woolrych and others ([2020] EWHC 3123 (Ch)) If you would like to discuss any of the issues discussed in this article, please get in touch with a member of leveraged finance or rest......
