Administration expenses: Court of Session revisits Goldacre | Practical Law

Administration expenses: Court of Session revisits Goldacre | Practical Law

The Scottish Court of Session has considered whether rent due on premises rented by a company in administration is payable as an administration expense, even though those premises were occupied by a purchaser of the company's business, to whom the administrators had granted a temporary licence (Cheshire West and another, In the administration of Springfield Retail Ltd [2010] CSOH 115 (13 August 2010)).

Administration expenses: Court of Session revisits Goldacre

Practical Law UK Legal Update 9-503-0771 (Approx. 8 pages)

Administration expenses: Court of Session revisits Goldacre

by PLC Finance
Published on 19 Aug 2010England, Scotland, Wales
The Scottish Court of Session has considered whether rent due on premises rented by a company in administration is payable as an administration expense, even though those premises were occupied by a purchaser of the company's business, to whom the administrators had granted a temporary licence (Cheshire West and another, In the administration of Springfield Retail Ltd [2010] CSOH 115 (13 August 2010)).