Trillium (Nelson) Properties Ltd v Office Metro Ltd
Office Metro Limited did not have an 'establishment' in England at the date of the presentation of the petition because its activities in England were limited to administrative functions and occasional payments on guarantees, which did not amount to non-transitory economic activity with human means and assets as required by the Insolvency Regulation. The relevant date for determining establishment is the date of the petition, not the date of the underlying transaction.
- Parties
- Petitioner: Trillium (Nelson) Properties Limited; Respondent: Office Metro Limited
- Jurisdiction
- England and Wales
- Judgment Date
- 09 May 2012
- Procedural Posture
- Winding Up Petition / Judgment on Petition for Winding Up Order
- Outcome
- Petition dismissed
- Legal Topics
- Establishment Under Insolvency Regulation, Secondary Insolvency Proceedings, Centre of Main Interests (comi), Jurisdiction for Winding Up, Interpretation of 'establishment'
Case Brief
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Parties
Trillium (Nelson) Properties Limited
Petitioner
Office Metro Limited
Respondent
Procedural Posture
Winding Up Petition / Judgment on Petition for Winding Up Order
Legal Issues
- 1 What is the relevant date for determining the existence of an 'establishment' under the Insolvency Regulation?
- 2 Did Office Metro Limited have an 'establishment' in England at the relevant time?
- 3 Should the court exercise discretion to allow secondary winding-up proceedings?
Ratio Decidendi
Office Metro Limited did not have an 'establishment' in England at the date of the presentation of the petition because its activities in England were limited to administrative functions and occasional payments on guarantees, which did not amount to non-transitory economic activity with human means and assets as required by the Insolvency Regulation. The relevant date for determining establishment is the date of the petition, not the date of the underlying transaction.
Court Disposition
Petition dismissed
Orders
- The winding-up petition is dismissed.
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