14 Dec 1987
RE CIRTEX CO LTD
- Citation
- RE CIRTEX CO LTD
- Court
- Court of Appeal
- Case number
- CACV133/1987
Given the practical complications produced by the continued stay (impeding the Official Receiver's functions, risk of prejudice to other creditors, delay in the appeal and potential deadlock if P3 and P4 withdraw), the balance favours discharging the stay; solicitors for P3 and P4 may be permitted to come off the record subject to undertakings and costs orders.