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England and Wales decisions
Decisions matching the current search
Amber Bridging Ltd (In Administration) & Anor v Market Financial Solutions Ltd [2026] EWHC 631 (Ch) (25 February 2026)
The High Court granted an administration order over Market Financial Solutions Limited and refused an adjournment sought by Mr Patel and unsecured creditors.
Mannarest Ltd, Re [2026] EWHC 326 (Ch) (18 February 2026)
The High Court placed Mannarest Ltd into administration, removed the liquidators, and allowed distributions to unsecured creditors after finding cash-flow insolvency and a better result than liquidation.
The High Court placed Mannarest Ltd into administration, removed the liquidators, and allowed distributions to unsecured creditors after finding insolvency and a real prospect of a better outcome.
Segulah Medical Acceleration AB & Ors v Signifier Medical Technologies Ltd [2026] EWHC 313 (Ch) (18 December 2025)
The High Court granted an administration order against Signifier Medical Technologies Limited, holding the applicants had creditor standing under convertible notes.
Settle v Sandstone Legal Ltd & Anor (Costs) [2025] EWHC 2771 (Ch) (30 October 2025)
Costs judgment in an administration case: the petitioning creditor and administrators recovered their costs as administration expenses, while the director faced a personal costs order.
Costs judgment in an insolvency administration case. The court capped Mr Settle’s recoverable costs, ordered a personal costs order in favour of Seven Stars, and treated other parties’ costs as administration expenses.
Petrofac Ltd, Re [2025] EWHC 2887 (Ch) (27 October 2025)
The High Court granted an administration order for Petrofac Limited, holding that it could not pay its debts, administration could improve creditor outcomes, and its COMI was in the UK.
MVL is a creditor with standing based on the matured loan notes. The company is unable to pay its debts and is balance sheet insolvent. The administration order with the Reborne Proposal is reasonably likely to achieve a better result for creditors than liquidation, particularly as trade creditors and employees will be paid in full and the main creditor waives its claim for dividend purposes. The court's discretion is exercised in favour of granting the order after proper marketing and consideration of all interests.
Source excerpt
The High Court granted Petrofac Limited an administration order, finding insolvency, a reasonable prospect of a better outcome than liquidation, and UK COMI.
The High Court refused Mr Hammersley permission to bring further claims, holding his proposed Pulsford and summary judgment applications were meritless attempts to relitigate settled insolvency issues.
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