Re Powerstore (Trading) Ltd ; Re Homepower Stores Ltd

JurisdictionEngland & Wales
Judgment Date13 May 1997
Date13 May 1997
CourtChancery Division
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9 cases
  • Re Lune Metal Products Ltd ((in Administration))
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 14 December 2006
    ...simply involves distribution of the results of the realisation among creditors of the Company: Lightman J made this point in re Powerstore (Trading) Limited [1997] 1 WLR 1280 at 1286A-B, quoted by Rimer J with approval in paragraph 16 of the Designer Room case. 18 Accordingly, it seems to m......
  • Re Cromptons Leisure Machines Ltd
    • United Kingdom
    • Chancery Division
    • 13 December 2006
    ...by schedule B1 of the Act, paragraph 65 of that schedule empowers an administrator to make distributions to creditors. 2 In Re Powerstore Trading Limited [1992] Ch 1280 Lightman J held that the court had no jurisdiction under section 18 to sanction the distribution to creditors. In Re Mark ......
  • Re Anglo American Insurance Company Ltd,
    • United Kingdom
    • Queen's Bench Division (Administrative Court)
    • 12 April 2000
    ...this conclusion, Mr. Justice Jacob differed from Mr. Justice Lightman, who reached a contrary view in Re: Powerstore Trading Ltd. (1998) BCC 305, but at the moment, as I have already indicated, it appears to me, as a judge of first instance, I should, in the absence of a very good reason to......
  • TXU (UK) Ltd (in admin) Re
    • United Kingdom
    • Chancery Division
    • 20 December 2002
    ...companies as opposed to making payments in accordance with either a voluntary arrangement or a scheme of arrangement. 9 In Re Powerstore (Trading) Ltd. and another [1998] BCC 305 Lightman J distinguished WBSL. He declined to make an order in the circumstances of the case before him. The iss......
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