Thomas Cook Group Plc & Ors, Re

Compulsory liquidation is the only viable option due to insolvency and urgent need for repatriation; notice requirements are dispensed with due to urgency; special managers are appointed to assist the Official Receiver.

Parties: Petitioner: Thomas Cook Group PLC and 25 other companies; Respondent: Official Receiver; Interested Party: Civil Aviation Authority
Jurisdiction: England and Wales
Judgment Date: 23 September 2019
Procedural Posture: Winding Up Petition / Final Judgment
Outcome: Petitions granted; winding up orders made; special managers appointed; notice requirements dispensed with.
Legal Topics: Compulsory Liquidation, Appointment of Special Managers, Dispensing With Notice Requirements, Repatriation of Customers

Insolvency Company Law Compulsory Liquidation Appointment of Special Managers Dispensing With Notice Requirements Repatriation of Customers

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Full judgment text Downloadable case file Legal principles 3 Authorities cited 5 Party arguments 2 Amounts and remedies 3

Parties

Thomas Cook Group PLC and 25 other companies

Petitioner

Official Receiver

Respondent

Civil Aviation Authority

Interested Party

Procedural Posture

Winding Up Petition / Final Judgment

Legal Issues

1 Whether compulsory liquidation is appropriate for the Companies
2 Whether notice requirements should be dispensed with
3 Whether special managers should be appointed

Ratio Decidendi

Court Disposition

Petitions granted; winding up orders made; special managers appointed; notice requirements dispensed with.

Orders

Winding up orders for all 26 Companies
Official Receiver appointed as liquidator