Re Edennote Ltd (No.2)
| Jurisdiction | England & Wales |
| Year | 1997 |
| Date | 1997 |
| Court | Chancery Division |
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31 cases
- Cheah Theam Kheng v City Centre Sdn Bhd
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Re Longmeade Ltd ((in Liquidation))
...643a–c, "In my view, the correct approach in cases under s 167(1)(a) of the Act was identified by Lightman J in Re Edennote Ltd (No 2) [1997] 2 BCLC 89 at 92. He said: 'Where a liquidator seeks the sanction of the court and takes the view that a compromise is in the best interests of the cr......
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The Connaught Income Fund, Series 1 (in Liquidation) v Capita Financial Managers Ltd
...on a commercial question, such as what " mercantile necessity" may require, in the circumstances of a particular winding-up: see Re Edennote Ltd. (No. 2) [1997] 2 B.C.L.C. 89, at 92G-H. Liquidators are both experienced professionals and officers of the court, and that day-to-day management ......
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The Companies Act (2022 Revision) and Ascentra Holdings, Inc. (in Official Liquidation)
...commercial best interests of the company, reflected prima facie by the commercial judgment of the liquidator ( Re Edennote Ltd (No 2) [1997] 2 BCLC 89); (4) the court should give the liquidators' views considerable weight unless the evidence reveals substantial reasons for not doing so; (5)......
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1 firm's commentaries
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Re PAC Limited (In Official Liquidation): How To Empower Cayman Liquidation Committees
...the settlement agreement would have been sanctioned against the strongly felt wishes of the committee. Footnotes 1 [1999] BCLC 635 2 [1997] 2 BCLC 89 The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific...
1 books & journal articles
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Mediation and Appropriate Dispute Resolution
...into force on 30 July 2020. 160 See UK Insolvency Act 1986 (c 45) s 167(1)(a), read with Part I of Schedule 4; Re Edennote Ltd (No 2) [1997] 2 BCLC 89 at 92; Re Greenhaven Motors Ltd [1999] BCLC 635 at 642. 161 See s 477(1)(d) read with ss 477(2A) and 477(2B) of the Australian Corporations ......