Where the trustee seizes or disposes of any property which is not comprised in the bankrupt's estate, and at the time of the seizure or disposal the trustee believes, and has reasonable grounds for believing, that he is entitled, whether in pursuance of an order of the court or otherwise, to seize or dispose of that property, the trustee is not liable to any person, whether under these provisions or otherwise, in respect of any loss or damage resulting from the seizure or disposal, except in so far as that loss or damage is caused by the negligence of
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Produced with input from Rebecca Cousin of Slaughter and May on market practice.This Practice Note summarises the rules and guidance in relation to parties who are, or may be presumed to be, acting in concert for the purposes of The City Code on Takeovers and Mergers (the Code). In particular the
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