New Judgment: In Re Sigma Finance Corporation; & In re the Insolvency Act 1986 (Conjoined Appeals) [2009] UKSC 2
29 Thursday Oct 2009
Matrix Legal Support Service News Articles, New Judgments
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On appeal from: [2008] 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
For judgment, please download: [2009] UKSC 2
For Court’s press summary, please download: Press Summary