The WLR Daily case summaries
[2020] WLR(D) 451
Court of Appeal
Secretary of State for Business, Energy and Industrial Strategy v PAG Asset Preservation Ltd
Secretary of State for Business, Energy and Industrial Strategy v MB Vacant Property Solutions Ltd
[2020] EWCA Civ 1017
2020 July 15; 31
Floyd, Newey, Asplin LJJ
Company— Winding up— Public interest grounds— Companies operating rates avoidance scheme— Secretary of State contending scheme subverting purpose of liquidations— Secretary of State petitioning to wind up companies on public interest grounds—
Insolvency Act 1986 (c 45), s 124A (as inserted by Companies Act 1989 (c 40), s 60(3))