Re Guardian Assurance Company

JurisdictionEngland & Wales
Year1917
Date1917
CourtCourt of Appeal
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33 cases
  • The Companies Law (2013 Revision) the Sphinx Group of Companies in Official Liquidation)
    • Cayman Islands
    • Grand Court (Cayman Islands)
    • June 10, 2014
    ...re International Contract Co. ( Hankey'sCase) (1872) 26 L.T. 358; and In re Oceanic Steam Navigation Co. Ltd. [1939] Ch. 41. 4 In Re Guardian Assurance Co. [1917] 1 Ch. 5 [2003] CILR 355 6 [1972] I WLR 1548. 7 At p.359 8 An earlier attempt to pass a scheme proposed for the resolution of the......
  • Petition Of The Scottish Lion Insurance Company Limited V. Goodrich Corporation And Others
    • United Kingdom
    • Court of Session
    • January 29, 2010
    ...no support for the approach adopted by the Lord Ordinary. An arrangement was wider than a compromise (In re Guardian Assurance Company [1917] 1 Ch 431). Other attempts to impose limitations or qualifications either on the generality of the word "arrangement" or on the discretion of the cour......
  • Re Cape Plc
    • United Kingdom
    • Chancery Division
    • June 7, 2006
    ...to the scheme, that is, the company and the relevant classes of creditors or members, could lawfully enter by unanimous agreement: In Re Guardian Assurance Co [1917] 1 Ch 431 at 449 per Warrington LJ. Plainly they could lawfully, by unanimous agreement, enter into an agreement on these term......
  • Re T & N Ltd and Others (No 3)
    • United Kingdom
    • Chancery Division
    • June 16, 2006
    ...not seen fit to impose any such limitation in terms and I see no reason for implying any." 47 The decision of the Court of Appeal in Re Guardian Assurance Co [1917] Ch 341 established that compromise and arrangement are separate concepts and that an arrangement need not involve a compromise......
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3 books & journal articles
  • Table of Cases
    • United Kingdom
    • Wildy Simmonds & Hill Law of Insolvent Partnerships and Limited Liability Partnerships Contents
    • August 29, 2015
    ...422 125, 127 Grayan Building Services, Re [1995] Ch 241 563 G-Tech Construction Ltd, Re [2007] BRIR 1275 119 Guardian Assurance Co, Re [1917] 1 Ch 431 25 Hale, Re; Lilley v Foad [1899] 2 Ch 107 236 Halliwells LLP v Bannon [2010] EWHC 2036 (Ch), [2011] BCC 57 123 Hammonds (A Firm) v Pro-Fit ......
  • Schemes of arrangement
    • United Kingdom
    • Wildy Simmonds & Hill Law of Insolvent Partnerships and Limited Liability Partnerships Contents
    • August 29, 2015
    ...Co [1891] 1 Ch 213. 14 For example Re Hawk Insurance Co Ltd [2001] EWCA Civ 241, [2001] 2 BCLC 480, para 12. 15 Re Guardian Assurance Co [1917] 1 Ch 431 at 443. 16 Re NFU Development Trust Ltd [1972] 1 WLR 1548, [1973] 1 All ER 135. 17 CA 2006, s 895(2). 18 Re Uniq plc [2011] EWHC 749 (Ch).......
  • Averting Liquidations with Business Rescue: Does a Section 155 Compromise Place the Bar too High?
    • South Africa
    • Stellenbosch Law Review No. , August 2019
    • August 16, 2019
    ...Investment s and General Trust Co v I nternationa l Co of Mexico (1891) [1893] 1 Ch 484 n 489 491 (CA); Re Guardian Assurance Co [1917] 1 Ch 431 432-434 (CA)11 Blackman e t al Commentar y on the Companies Ac t 12–5 Re NFU Develo pment Trust Ltd [1973] 1 All ER 135; Ex parte Feder ale Nywerh......

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