In the matter of Harlequin Management Services Ltd

16th May 2013


Niall McCulloch

In the matter of Harlequin Management Services Ltd

Chancery Division (Companies Court) (16/05/2013)
[2013] EWHC 1926 (Ch)


Administrator - Appointment - Formalities - Financial services company - Consent of Financial Conduct Authority required to be obtained for appointment of administrator - Notice of intention to appoint administrators filed prior to consent from Financial conduct Authority - Consent from FCA being filed on day after filing of notice - Whether failure to obtain prior consent invalidating appointment of administrators - Whether administrators being validly appointed - Insolvency Act 1986, Sch B1, paras 22 - Financial Services and Markets Acts 2000, s 362A.  Niall represented the administrators in this controversial administration.  Arnold J applied and extended his reasoning from Re Ceart Risk Services.

Back to Cases