Powerhouse – CVA – revoked – unfairly prejudicial to a group of creditors

Prudential Assurance Company Ltd, Luctor Ltd and others v PRG Powerhouse Ltd and others [2007] EWHC 1002 (Ch) (1 May 2007)

Readers will know from experience, and from previous editions of Commercial Leases, that there is considerable complexity surrounding landlord and tenant insolvency in general and the impact and implications arising from company voluntary arrangements (CVAs) in general.