International Corporate Rescue
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Vol 16 (2019) - Issue 6
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Green & Newman v SCL Group Ltd and others [2019] EWHC 954 (Ch): The English Court Provides Some Useful Guidance on Administrators’ Duties
Jeremy Richmond, Barrister, Quadrant Chambers, London, UKSynopsis
In Green & Newman v SCL Group Ltd and others,1 the Court had to decide whether to appoint the incumbent administrators of the Cambridge Analytica group of companies as liquidators in the face of wide-ranging objections by a contingent creditor. In considering the matter, the Court provided some useful guidance to administrators touching upon their decision-making and duties.
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