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Administration of estates

24 May 2013
Issue: 7561 / Categories: Case law , Law digest , In Court
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Joint Stock Company “Aeroflot Russian Airlines” v Berezovsky and others [2013] EWHC 1210 (Ch), [2013] All ER (D) 158 (May)

The court had jurisdiction to appoint a receiver in relation to an estate where there was no current representative. That jurisdiction was conferred by s 37 of the Senior Courts Act 1981. A typical case where the jurisdiction was appropriate to be exercised was where the estate was entitled to an income but, in the absence of the receiver, there was no-one to collect it. Alternatively, the estate had liabilities which needed to be serviced on a continuing basis and if there was neglect in that respect, then a third party could claim a forfeiture or enforce a security depriving the estate permanently of a valuable asset.

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MOVERS & SHAKERS

Gilson Gray—Linda Pope

Gilson Gray—Linda Pope

Partner joins family law team inLondon

Jackson Lees Group—five promotions

Jackson Lees Group—five promotions

Private client division announces five new partners

Taylor Wessing—Max Millington

Taylor Wessing—Max Millington

Banking and finance team welcomes partner in London

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