Perpetual Trustee Co Ltd v BNY Corporate Trustee Services Ltd

Hearings

England & Wales

28 Jul 2009 [2009] EWHC 1912 (Ch); [2009] 2 BCLC 400; [2009] BPIR 1093; [2009] WLR (D) 262, Ch D (Sir Andrew Morritt C)

06 Nov 2009 [2009] EWCA Civ 1160; [2010] Ch 347; [2010] 3 WLR 87; [2010] Bus LR 632; [2010] 1 BCLC 747; [2010] BPIR 174; [2010] BCC 59; [2009] WLR (D) 322; The Times, 16 November 2009, CA (Lord Neuberger of Abbotsbury MR, Longmore, Patten LJJ)

27 Jul 2011 (Revenue and Customs Comrs intervening) [2011] UKSC 38; [2012] 1 AC 383; [2011] 3 WLR 521; [2011] Bus LR 1266; [2012] 1 All ER 505; [2012] 1 BCLC 163; [2011] BPIR 1223; [2011] BCC 734; [2011] WLR (D) 260; The Times, 15 August 2011; Case details, SC(E)

Additional names

Belmont Park Investments Pty Ltd v BNY Corporate Trustee Services Ltd (Revenue and Customs Comrs intervening)

Subject Matter

INSOLVENCY — Winding up — Anti-deprivation rule — Contractual provisions switching priority and changing allocation of costs on insolvency — Whether provision contrary to principle that insolvent’s assets remaining available for distribution among creditors — Whether valid

[2009] EWCA Civ 1160; [2010] Ch 347; [2010] 3 WLR 87; [2010] Bus LR 632; [2010] 1 BCLC 747; [2010] BPIR 174; [2010] BCC 59; [2009] WLR (D) 322; The Times, 16 November 2009, CA

[2011] UKSC 38; [2012] 1 AC 383; [2011] 3 WLR 521; [2011] Bus LR 1266; [2012] 1 All ER 505; [2012] 1 BCLC 163; [2011] BPIR 1223; [2011] BCC 734; [2011] WLR (D) 260; The Times, 15 August 2011; Case details, SC(E)

Appellate History

Perpetual Trustee Co Ltd v BNY Corporate Trustee Services Ltd [2009] EWHC 1912 (Ch); [2009] 2 BCLC 400; [2009] BPIR 1093; [2009] WLR (D) 262, Ch D

Decision of Sir Andrew Morritt C affirmed

Perpetual Trustee Co Ltd v BNY Corporate Trustee Services Ltd [2009] EWCA Civ 1160; [2010] Ch 347; [2010] 3 WLR 87; [2010] Bus LR 632; [2010] 1 BCLC 747; [2010] BPIR 174; [2010] BCC 59; [2009] WLR (D) 322; The Times, 16 November 2009, CA

Perpetual Trustee Co Ltd v BNY Corporate Trustee Services Ltd [2009] EWCA Civ 1160; [2010] Ch 347; [2010] 3 WLR 87; [2010] Bus LR 632; [2010] 1 BCLC 747; [2010] BPIR 174; [2010] BCC 59; [2009] WLR (D) 322; The Times, 16 November 2009, CA

Decision of the Court of Appeal affirmed

Perpetual Trustee Co Ltd v BNY Corporate Trustee Services Ltd [2011] UKSC 38; [2012] 1 AC 383; [2011] 3 WLR 521; [2011] Bus LR 1266; [2012] 1 All ER 505; [2012] 1 BCLC 163; [2011] BPIR 1223; [2011] BCC 734; [2011] WLR (D) 260; The Times, 15 August 2011; Case details, SC(E)

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