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forfeiture reliefleasesoffice holder costs
Sanrose Investment Ltd v Foley & Ors
[2025] EWHC 1071 (Ch)
Key Principle
Sanrose Investment Ltd v Foley [2025] EWHC 1071 (Ch) (ICCJ Greenwood, 7 May 2025) concerns INSOLVENCY office-holder decision-making, NOT relief from forfeiture of a lease. In the liquidation of Saville Foley LLP it addressed challenges (under r.14.8 Insolvency (England and Wales) Rules 2016) to a liquidator's adjudication/admission of creditors' proofs of debt and related office-holder costs: an office-holder must consider a creditor's claim and supporting materials fairly and in good faith, acting proportionately, but is not obliged to replicate formal court proceedings.
Area of Law
General
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