Administrators’ disposal of claim by auction (Re Meem SL Ltd (in administration); Goel and another v Grant and another)

Table of contents

• Original news
• What are the practical implications of this case?
• What was the background to the case?
• What issues arose for the court’s consideration?
• What did the court decide, and why?
• To what extent is the judgment helpful in clarifying the law in this area?

Article summary

Restructuring & Insolvency analysis: Christopher Brockman, barrister at Guildhall Chambers, discusses Re Meem SL Ltd (in administration), which reaffirmed the reluctance of a court—in the absence of blatant unfair harm to an applicant—to interfere with the commercial decision of an office-holder to dispose of assets.