29 Nov 2010
HAVENLEIGH GLOBAL SERVICES LIMITED AND ANOR V HENDERSON HC CHCH CIV-2010-409-000559
- Citation
- openlaw-e268f19e_8585_45c6_a3bb_6c3a053984c7.pdf
- Court
- High Court
Adjournment was refused and adjudication ordered because the outline proposal was unlikely to obtain the statutory majority by value and there was no reliable evidence that secured creditor realisations would alter that position; neither a halt under s42 nor a suspension under s416 was justified given creditors' and public interest and the duration of proceedings.