Game group: rent as an expense in insolvency - .PDF file.
The Court of Appeal has decided that where administrators use leasehold premises for the benefit of the administration, they should pay the rent attributable to that period as an expense of the administration. The same principle applies on liquidation.
Companies in the Game group went into administration. They operated a large number of retail outlets from leasehold premises. At first instance, the court following two earlier cases decided that rent was payable as an expense only if the quarter day fell after the start of the administration…
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