Stewart v Engel and another
Jurisdiction | England & Wales |
Judgment Date | 24 September 1999 |
Date | 24 September 1999 |
Court | Queen's Bench Division |
QUEEN's BENCH DIVISION
Before Judge Raymond Jack, QC.
Insolvency - clause excluding liquidator's liability - negligence covered
A clause in a contract made between the liquidator of a company and a third party, which expressly provided that the liquidator had entered into the agreement as agent of the company and excluded any personal liability on the part of the liquidator, precluded the other party from claiming that the liquidator had acted negligently in performance of the contract.
Judge Raymond Jack, QC, sitting as a Queen's Bench Division judge in the Mercantile Court at Bristol, so held in a reserved judgment on September 24, when entering summary judgment for the defendant liquidators, Peter Engel and BDO Stoy Hayward, against the plaintiff, Dr Valerie Stewart, on the ground that the claim against them had no real prospect of success.
HIS LORDSHIP, having examined the relevant statutory provisions and authorities and concluded that the liquidator was acting as agent of the company, said that the plaintiff had contended that the clause expressly excluding personal liability was not apt to...
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