Table of contents
- What are the practical implications of this case?
- What was the background?
- What did the court decide?
- Case details
Article summary
Restructuring & Insolvency analysis: The court gave directions as to the distribution of the proceeds of sale following the disposal of a development by the administrators of a company. The court had to decide whether equitable liens arising from unregistered agreements for lease were binding upon a subsequent purchaser who knew of their existence. The court held that they were not. Written by Richard Moore, barrister at 23ES.
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