Re WBSL Realisations 1922 Ltd

JurisdictionEngland & Wales
Year1995
Date1995
CourtChancery Division (Companies Court)
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7 cases
  • Re Powerstore (Trading) Ltd ; Re Homepower Stores Ltd
    • United Kingdom
    • Chancery Division
    • 13 Mayo 1997
  • Re Lune Metal Products Ltd ((in Administration))
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 14 Diciembre 2006
    ...to creditors, namely the decision of Scott J in re John Slack Ltd (1995) B.C.C. 1116, as interpreted and followed by Knox J in re WBSL Realisations 1992 Limited [1995] B.C.C. 1118. As Lightman J put it in the Powerstore case at 1285G: "unless the order [sanctioning the payment to creditors ......
  • Oakley-Smith and Others v Greenberg and Others
    • United Kingdom
    • Court of Appeal (Civil Division)
    • 8 Agosto 2002
    ...in this Court in such stark terms. Second, the judge declined to hold that the decisions of Mr Justice Knox in In re WBSL Realisations 1992 Limited, In re Ward Group plc [1995] 2 BCLC 576 and of Mr Justice Scott in In re John Slack Limited [1995] BCC 1116 were authority for the proposition ......
  • TXU (UK) Ltd (in admin) Re
    • United Kingdom
    • Chancery Division
    • 20 Diciembre 2002
    ...14 (3) I.A. 1986 to apply for directions. 8 The power under paragraph 13 has received a number of judicial observations. First, in Re WBSL Realisations 1992 Ltd [1995] BCC 1, 118 Knox J express a view that the power to make payments necessary or incidental to the performance of the function......
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1 books & journal articles
  • Insolvency Law
    • Singapore
    • Singapore Academy of Law Annual Review No. 2003, December 2003
    • 1 Diciembre 2003
    ...should only make such distributions under exceptional circumstances and with the leave of the court (see Re WBSL Realisations 1992 Ltd[1995] 2 BCLC 576). There is no statutory power specifically or explicitly given to a judicial manager to declare and distribute dividends to creditors (see ......

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