Siegel v. Fitzgerald, 142 S. Ct. 1770 (June 6, 2022)
USA, Arbitration & ADR, Insolvency & Restructuring, Litigation, Frost Brown Todd LLP, US Congress, Supreme Court of the United States
Following the liquidation of BHS Ltd, the High Court was asked to consider whether a landlord could claim full rent as an administration expense following termination of the CVA.
Background
Wright and another (Liquidators of SHB Realisations Ltd) v The Prudential Assurance Company Ltd concerned three principal insolvency processes applicable to companies under the Insolvency Act 1986: