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England and Wales High Court (Chancery Division) Decisions
You are here: BAILII >> Databases >> England and Wales High Court (Chancery Division) Decisions >> Amicus Finance Plc, Re [2021] EWHC 2340 (Ch) (19 August 2021)
URL: http://www.bailii.org/ew/cases/EWHC/Ch/2021/2340.html
Cite as: [2021] EWHC 2340 (Ch)
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CHANCERY DIVISION
Rolls Building Fetter Lane London EC4A 1NL |
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B e f o r e :
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| IN THE MATTER OF AMICUS FINANCE PLC (in administration) |
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| AND IN THE MATTER OF PART 26A OF THE COMPANIES ACT 2006 |
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Andrew Mace (instructed by Shakespeare Martineau LLP) for Crowdstacker Corporate Services Limited
William Willson (instructed by Brown Rudnick LLP) for HGTL Securitisation Company Limited and Associated Companies
Hearing dates: 11 and 12 August 2021
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Crown Copyright ©
- At the hearing on 11 and 12 August 2021 brief reference was made to a number of complex transactional documents which required further consideration, and I was invited to read a number of authorities in my own time.
- At the conclusion of the hearing I indicated that I would consider the position, and having done so would announce my decision and then provide reasons thereafter.
- I have decided to sanction the scheme of arrangement proposed and will make an order in the form of the draft submitted on the second day of the hearing save that
Sir Alastair Norris:
(i) the appointment of the Joint Administrators should cease on the Restructuring Plan Effective Date (as defined in the Restructuring Plan) and not on the date of the Order; and
(ii) (ii) costs will be reserved.