Monday 3 November 2014

UK: insolvency and the payment of rent - Supreme Court declines to hear appeal

The Supreme Court has announced that it has declined to hear an appeal from the Court of Appeal's decision in Pillar Denton Ltd v Jervis [2014] EWCA Civ 180: see here. A summary of the Court of Appeal decision, provided by the ICLR, is available here; the headnote of this summary reads:
In the context of insolvency, where rent was payable in advance the office holder should make payments at the rate of the rent for the duration of any period during which he retained possession of the demised property for the benefit of the winding up or administration. The rent would be treated as accruing from day to day. Those payments were payable as expenses of the winding up or administration. The duration of the period was a question of fact and was not determined merely by reference to which rent days occurred before, during or after that period."

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