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United Kingdom
Patley Wood Farm LLP v Kicks
[2023] EWCA Civ 901 (also reported [2023] Costs LR 171)
Key Principle
On a challenge under the Insolvency Act to a trustee in bankruptcy's exercise of discretion (here a decision taken at a creditors'/trustees' decision procedure), the court reviews the decision on the limited, Edennote/perversity-style basis and will not substitute its own view unless the decision was one no reasonable trustee could have reached.
Area of Law
General
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