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Duffy & Anor v Mederco (Cardiff) Ltd [2021]

Application for a retrospective administration order in circumstances in which the appointment of the applicants as administrators may have ended more than 12 months prior to the application by virtue of a defective extension where the consent of hundreds of investors with claims exceeding £4.5million, who should have been treated as secured creditors as equitable lien holders, was not obtained. Significant judgment determining that a retrospective administration order cannot be backdated for more than 364 days and that the post-Brexit legislation applies to administration orders made after IP completion day but backdated before the end of the transition period. Retrospective administration order plus an extension obtained.