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11 December 2008
Issue: 7349 / Categories: Case law , Company , Law digest , Commercial
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Company law

Four Private Investment Funds v Lomas [2008] EWHC 2869 (Ch), [2008] All ER (D) 237 (Nov)

Where there is no suggestion that the administrator is acting improperly, it would be contrary to the nature and purpose of an administration if the court were to interfere in the detailed day-today management of the administration.

The administrator must seek to balance the need to proceed with the administration in the interests of creditors as a whole against the desirability of responding to legitimate enquiries from individual creditors and others, but in the absence of some plainly wrongful conduct on the administrator’s part, it is for him to decide where the balance lies.

Issue: 7349 / Categories: Case law , Company , Law digest , Commercial
printer mail-details

MOVERS & SHAKERS

Sackers—Zak Ullah

Sackers—Zak Ullah

Sackers welcomes new associate

Christy Davies—Birmingham Law Society

Christy Davies—Birmingham Law Society

Ward Hadaway lawyer joins Birmingham Law Society Council

Ellisons—Stephanie Westwood & Anisa Khan

Ellisons—Stephanie Westwood & Anisa Khan

Ellisons expands Chelmsford commercial litigation team with two appointments

NEWS
Construction workers injured in comparable accidents can face sharply different routes to compensation on opposite sides of the Atlantic
Victims of undue influence may have more options than simply unwinding a tainted transaction, with courts able to order profits accounts, compensation and, exceptionally, severance
Disabled people could lose vital safeguards following the Supreme Court’s reversal of the Cheshire West test for deprivation of liberty, two barristers warn
A formidable reputation cannot protect a law firm when partner departures, fragile finances and client uncertainty begin feeding each other
Businesses incorporating open-source software into commercial products could face obligations to disclose valuable source code, with AI-assisted development making licensing risks harder to track
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