New Judgment: In Re Sigma Finance Corporation; & In re the Insolvency Act 1986 (Conjoined Appeals)  UKSC 2
29 Thursday Oct 2009
On appeal from:  EWCA 1303. Concerns issues around the construction of a trust deed, priority of payment and pari passu distribution.
By a majority of four to one, allowed the appeal by other creditors whose debts fell due after the realisation period.
JUSTICES: Lord Hope (Deputy President), Lord Scott, Lord Walker, Lord Mance and Lord Collins