11 December 2008
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.
