17 June 2016
Re Cosy Seal Insulation Ltd (in administration);Ross and others v Gaffney and another company [2016] EWHC 1255 (Ch), [2016] All ER (D) 29 (Jun)
The Chancery Division allowed the applicant administrators’ applications concerning a number of payments made by the first respondent company director and the second respondent company and arising out of the insolvency of the second respondent company. The court held that the interests of the company’s creditors had plainly been engaged, and the respondents were ordered to make repayments.
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