Rely on the most comprehensive, up-to-date legal content designed and curated by lawyers for lawyers
Work faster and smarter to improve your drafting productivity without increasing risk
Accelerate the creation and use of high quality and trusted legal documents and forms
Streamline how you manage your legal business with proven tools and processes
Manage risk and compliance in your organisation to reduce your risk profile
Stay up to date and informed with insights from our trusted experts, news and information sources
Access the best content in the industry, effortlessly — confident that your news is trustworthy and up to date.
With over 30 practice areas, we have all bases covered. Find out how we can help
Our trusted tax intelligence solutions, highly-regarded exam training and education materials help guide and tutor Tax professionals
Regulatory, business information and analytics solutions that help professionals make better decisions
A leading provider of software platforms for professional services firms
In-depth analysis, commentary and practical information to help you protect your business
LexisNexis Blogs shed light on topics affecting the legal profession and the issues you're facing
Legal professionals trust us to help navigate change. Find out how we help ensure they exceed expectations
Lex Chat is a LexisNexis current affairs podcast sharing insights on topics for the legal profession
Discuss the latest legal developments, ask questions, and share best practice with other LexisPSL subscribers
Kirsten Fleming of Addleshaw Goddard examines the administrator’s application for permission to appeal the earlier judgment. Permission was refused by the Court of Appeal who will not generally interfere with the discretion of the judge of a lower court. In this case the Court of Appeal reaffirmed the balancing act set out in Re Atlantic Computers. For analysis of the judgement of the High Court, click here.
Promontoria (Chestnut) Limited v Craig and anor  EWHC 2405 (Ch)
Practitioners should note that the Court of Appeal will not generally interfere with the exercise of discretion by a judge of the lower court, having examined in judgment all of the available evidence. The decision of the Court of Appeal effectively reaffirmed the correct approach of the judge in the lower court of carrying out a balancing act per Re Atlantic Computers  Ch 505,  1 All ER 476.
The judgment in Promontoria (Chestnut) Ltd v Craig and another  EWHC 2405 (Ch) in October 2017 found against the administrators in seeking control of certain secured assets, and underlined the importance of consulting with secured creditors and the need to obtain reliable
Access this article and thousands of others like it free by subscribing to our blog.
Read full article
Already a subscriber? Login
Anna joined the Restructuring and Insolvency team at Lexis®PSL in August 2013 from Berwin Leighton Paisner where she was a senior associate in the Restructuring Team.
Anna has worked on a number of large scale restructurings primarily in the UK market acting on behalf of lending institutions.
Recent transactions include the restructuring of a UK hotel chain and the administration sale of part of the Connaught group. Anna has also spent time on secondment at The Royal Bank of Scotland and trained at Clifford Chance qualifying in 2007.
0330 161 1234