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Re: Lune Metal Products Limited (in administration)

The Court of Appeal's judgement given by Lord Justice Neuberger in Re: Lune Metal Products Limited (in administration), [2006] EWCA Civ 1720, is a delightful model of clarity of thought and expression and is worth reading for that alone. The point of the case is short. The administrators in a pre-Enterprise Act administration may obtain the court's sanction to make a distribution to creditors only if the distribution is a condition of their discharge. I am grateful for my attention being drawn to the case by Upload-Finance.

 

 

Date: 15th March, 2007
Author: Chris Laughton

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