Green v Group Ltd & Ors

Green v Group Ltd & Ors

Joint administrators are appointed as joint liquidators of the relevant companies. They acted competently, independently, and in the interests of the general body of creditors. No proven bias or misconduct. Majority creditor support and funding arrangements justify appointment. Discharge to be effective 28 days after final report to creditors.

Parties
Petitioner: Vincent John Green; Petitioner: Mark Newman; Respondent: SCL Group Limited; Respondent: SCL Analytics Limited; Respondent: SCL Commercial Limited; Respondent: SCL Social Limited; Respondent: SCL Elections Limited; Respondent: Cambridge Analytica (UK) Limited; Objector: Professor David Carroll
Jurisdiction
England and Wales
Judgment Date
17 April 2019
Procedural Posture
Insolvency / Ruling on Appointment of Liquidators and Discharge of Administrators
Outcome
Joint administrators appointed as joint liquidators; discharge granted with 28-day delay after final report.
Legal Topics
Appointment of Liquidators, Administrator Discharge, Creditor Voting, Data Subject Claims, Funding Arrangements, Duty of Candour, Professional Competence, Bias Allegations
Insolvency Company Law Data Protection Appointment of Liquidators Administrator Discharge Creditor Voting Data Subject Claims Funding Arrangements +3 more

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Parties

Vincent John Green

Petitioner

Mark Newman

Petitioner

SCL Group Limited

Respondent

SCL Analytics Limited

Respondent

SCL Commercial Limited

Respondent

SCL Social Limited

Respondent

SCL Elections Limited

Respondent

Cambridge Analytica (UK) Limited

Respondent

Professor David Carroll

Objector

Procedural Posture

Insolvency / Ruling on Appointment of Liquidators and Discharge of Administrators

Legal Issues

  1. 1 Should joint administrators be appointed as joint liquidators?
  2. 2 Should administrators be discharged and released from liability?
  3. 3 Were administrators sufficiently independent and competent?

Ratio Decidendi

Joint administrators are appointed as joint liquidators of the relevant companies. They acted competently, independently, and in the interests of the general body of creditors. No proven bias or misconduct. Majority creditor support and funding arrangements justify appointment. Discharge to be effective 28 days after final report to creditors.

Court Disposition

Joint administrators appointed as joint liquidators; discharge granted with 28-day delay after final report.

Orders

  • Joint administrators (Mr Green and Mr Newman) appointed as joint liquidators of SCL Group Limited, SCL Analytics Limited, SCL Commercial Limited, SCL Social Limited, SCL Elections Limited, Cambridge Analytica (UK) Limited.
  • Discharge and release from liability as administrators to be effective 28 days after final report to creditors.