Officeserve Technologies Ltd, Re [2017] EWHC 906 (Ch) (08 February 2017)
Administration application dismissed due to significant post-petition dispositions and the need to preserve s.127 protections; winding up is more appropriate.
- Citation
- [2017] EWHC 906 (Ch)
- Parties
- Applicant: Officeserve Technologies Limited; Petitioner: Ben Thompson; Supporting Creditor: Frank Philips; Creditor: Bird & Bird LLP
- Jurisdiction
- England and Wales
- Judgment Date
- 08 February 2017
- Procedural Posture
- Insolvency Application / Application for Administration Order
- Outcome
- application dismissed
- Legal Topics
- Administration Order, Winding Up, Post Petition Dispositions, Appointment of Liquidator
Case Brief
Summary, issues, holding and outcome
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Parties
Officeserve Technologies Limited
Applicant
Ben Thompson
Petitioner
Frank Philips
Supporting Creditor
Bird & Bird LLP
Creditor
Procedural Posture
Insolvency Application / Application for Administration Order
Legal Issues
- 1 Whether an administration order should be made instead of a winding up order
- 2 Impact of post-petition dispositions under s.127 Insolvency Act 1986
- 3 Whether administration achieves a better result for creditors than liquidation
Ratio Decidendi
Administration application dismissed due to significant post-petition dispositions and the need to preserve s.127 protections; winding up is more appropriate.
Court Disposition
application dismissed
Orders
- administration application dismissed
- court will hear further argument regarding transfer of Bristol winding up petition
Full Case Text
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