Court of Appeal decision changes treatment of rent in administrations and liquidations

Earlier this week, the English Court of Appeal overturned the recent decisions in Goldacre (Goldacre (Offices) Ltd v Nortel Networks UK Ltd [2009] EWCH 3389 (Ch);2011 Ch 455) and Luminar (Leisure (Norwich) II Ltd v Luminar Lava Ignite [2012] EWCH 951 (Ch)) regarding the treatment of rent in an administration.

Filed under:
United Kingdom, USA, Insolvency & Restructuring, Litigation, Real Estate, Faegre Baker Daniels LLP, Court of Appeal of England & Wales
Authors:
Mary Shields
Location:
United Kingdom, USA
Firm:
Faegre Baker Daniels LLP