The Weekly Law Reports
[2013] 2 WLR 466
Chancery Division
International Leisure Ltd and another
v
First National Trustee Co UK Ltd and others
[2012] EWHC 1971 (Ch)
2012 March 14,
15;
July 16
Edward Bartley Jones QC sitting as a deputy High Court judge
Company— Secured creditor— Rights— Debenture holder bringing action against administrative receiver for losses caused by alleged breach of duty— Company commencing action against administrative receiver for same losses— Whether debenture holder’s losses merely reflective of company’s losses— Whether claim to be struck out
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