13 Power to make any payment which is necessary or incidental to the performance of his functions.
Cases considering Schedule 1, paragraph 13 16
Farnborough Airport Properties Company & Anor v Revenue And Customs
The power to carry on the company’s business supported the conclusion that the receivers had displaced the shareholders’ practical control during the receivership. (see paras [17]; [66]-[69])
Lune Metal Products Ltd v Getliffe & Ors
Allows payments necessary or incidental to the performance of administrators’ functions. It supports creditor payments that enable an administration purpose or facilitate discharge, but not a wholly free-standing distribution. (see [16]; [19]; [31]; [49])
Cross Transport Ltd (In Administration), Re
Used to explain the administrator’s power to make payments necessary or incidental to the administrator’s functions, and the earlier limits on distributions to unsecured creditors. (see paras [10(iii)]; [18]-[19])
- IN THE MATTER OF: BULB ENERGY LIMITED
- Shinners & Anor (Joint Administrators of London Bridge Entertainment Partners LLP) v London Trocadero (2015) LLP
- Nortel Networks UK Ltd, Re
- Neumans LLP (a firm) v Andronikou & Ors
- Nortel Networks SA, Re
- Collins & Aikman Europe SA Collins & Ors, Re Insolvency Act 1986
- Strategic Value Capital Solutions Master Fund LP & Ors v AGPS BondCo PLC
- Neumans LLP (A Firm) v Andrew Andronikou & Ors
- Freakley & Ors v Centre Reinsurance International Company & Anor
- Carluccio's Ltd, Re Insolvency Act 1986
- Ace Paper Ltd v Fry & Ors
- Goldacre (Offices) Ltd v Nortel Networks UK Ltd
1 more judgment, and what each says about Schedule 1, paragraph 13, are in the case-law panel in the full Act.