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Court of Appeal upholds administrators’ actions to put the interests of creditors above an individual creditor (Fraser Turner Ltd v PricewaterhouseCoopers LLP and others)

Court of Appeal upholds administrators’ actions to put the interests of creditors above an individual creditor (Fraser Turner Ltd v PricewaterhouseCoopers LLP and others)
Published on: 18 October 2019
Published by: LexisPSL
  • Court of Appeal upholds administrators’ actions to put the interests of creditors above an individual creditor (Fraser Turner Ltd v PricewaterhouseCoopers LLP and others)
  • What are the practical implications of this case?
  • What was the background?
  • What did the court decide?

Article summary

Restructuring and Insolvency analysis: Adam Deacock, barrister at Radcliffe Chambers, considers the Court of Appeal’s judgment in Fraser Turner Ltd v PricewaterhouseCoopers LLP and others, and explains why it serves as a reminder to creditors to not expect any special treatment from administrators. or take a trial to read the full analysis.

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