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留学生指导essay英国:administrative receivers需求

Abstract: A, one of the liquidators of a company, TPL, incorporated in the British Virgin Islands, sought an order pursuant to the Insolvency Act 1986 s.236(3) for production of the working papers and litigation related documents held by R,

Akers v Lomas
Also known as:
Trading Partners Ltd, Re
Chancery Division
Case Analysis
Where Reported
[2002] 1 B.C.L.C. 655; [2002] B.P.I.R. 606; Official Transcript
Case Digest

Subject: Insolvency

Keywords: Administrative receivers; Disclosure; Documents

Summary: administrative receivers; disclosure; working papers of administrative receiver; entitlement of liquidator of linked company to disclosure

Abstract: A, one of the liquidators of a company, TPL, incorporated in the British Virgin Islands, sought an order pursuant to the Insolvency Act 1986 s.236(3) for production of the working papers and litigation related documents held by R, the administrative receivers appointed in relation to a linked company. R opposed the application, contending that s.236(3) was directed to those records which formed part of the property of the company and did not encompass documents which came into existence after a company became insolvent or following the appointment of one of the specified categories of office holder.

Held, granting the application, that s.236 formed part of a composite code designed to enable office holders to extract information from any person the court considered able to produce orally, or by way of documentation, http://www.ukassignment.org/  relevant information to assist in the winding up of the company, British & Commonwealth Holdings Plc (Joint Administrators) v Spicer & Oppenheim [1993] A.C. 426 applied and North Australian Territory Co, Re (1890) L.R. 45 Ch. D. 87 and Rolls Razor Ltd (No.2), Re [1970] Ch. 576 considered. In seeking to determine such an application the court should adopt a conservative approach and ensure that the office holder seeking production reasonably required the information sought to assist in the performance of his duties. There were strong public interest considerations in enabling A to formulate the material needed to ascertain precisely which assets were held by TPL and assert any relevant claims. Disclosure should not however extend to any documents liable to reveal the strategy adopted by the receivers in the receivership.

Judge: Patten, J.

Counsel: For A: Ewan McQuater. For L: Matthew Collings

Solicitor: For A: Freshfields Bruckhaus Deringer. For L: Denton Wilde Sapte
Significant Cases Cited

British & Commonwealth Holdings Plc (Joint Administrators) v Spicer & Oppenheim
[1993] A.C. 426; [1992] 3 W.L.R. 853; [1992] 4 All E.R. 876; [1992] B.C.C. 977; [1993] B.C.L.C. 168; (1992) 142 N.L.J. 1611; Times, November 3, 1992; (HL)
North Australian Territory Co, Re
(1890) L.R. 45 Ch. D. 87; (CA)

Rolls Razor Ltd (No.2), Re
[1970] Ch. 576; [1970] 2 W.L.R. 100; [1969] 3 All E.R. 1386; (1969) 113 S.J. 938; (Ch D)
Legislation Cited
Companies Act 1862 s.115
Insolvency Act 1986 (c.45) s.234(2)#p#分页标题#e#
Insolvency Act 1986 (c.45) s.235
Insolvency Act 1986 (c.45) s.235(3)(e)
Insolvency Act 1986 (c.45) s.236
Insolvency Act 1986 (c.45) s.236(2)
Insolvency Act 1986 (c.45) s.236(3)
Insolvency Act 1986 (c.45) s.426
Insolvency Act 1986 (c.45) s.426(4)
Journal Articles
Scope of Insolvency Act 1986, section 236
Appointments; Disclosure; Foreign jurisdictions; Liquidators.
Bus. L.B. 2002, 56(Mar), 6
© 2008 Sweet & Maxwell Ltd

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