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England and Wales Court of Appeal (Civil Division) Decisions |
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You are here: BAILII >> Databases >> England and Wales Court of Appeal (Civil Division) Decisions >> Innovate Logistics Ltd v Sunberry Properties Ltd [2008] EWCA Civ 1630 (18 November 2008) URL: http://www.bailii.org/ew/cases/EWCA/Civ/2008/1630.html Cite as: [2008] EWCA Civ 1630 |
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COURT OF APPEAL (CIVIL DIVISION)
ON APPEAL FROM THE HIGH COURT OF JUSTICE
CHANCERY DIVISION
HHJ SIMON BROWN QC (sitting as an additional judge of the Chancery Division)
No 9267/2008
Strand, London, WC2A 2LL |
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B e f o r e :
LORD JUSTICE WALL
and
LORD JUSTICE STANLEY BURNTON
____________________
INNOVATE LOGISTICS LIMITED (in administration) |
Appellant |
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- and - |
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SUNBERRY PROPERTIES LIMITED |
Respondent |
____________________
WordWave International Limited
A Merrill Communications Company
165 Fleet Street, London EC4A 2DY
Tel No: 020 7404 1400, Fax No: 020 7404 1424
Official Shorthand Writers to the Court)
MR GABRIEL MOSS QC and MS KATHERINE HOLLAND (instructed by Pinsent Masons LLP) for the Respondent
Hearing date: 1st August 2008
____________________
Crown Copyright ©
Lord Justice Mummery :
i) The administrators should be directed to pay Sunberry interest at the contractual rate on unpaid rent due under the Lease from 30 June 2008 until YHL vacates, currently expected to be by 10 October 2008;
ii) Permission should be granted pursuant to paragraph 43(6) of Schedule B1 to commence proceedings against the Company on or after 11 October 2008.
i) For the period down to and including 10 October 2008 or such earlier date on which YHL delivers up possession to the Administrators the Administrators should pay to Sunberry the monthly payments of the licence fee which YHL is required to pay to the Company, such fee being equal to 1 month's passing rent under the Lease, together with any interest that has been earned by the Company on the said license fee:
ii) It would be premature for the court to grant Sunberry leave to commence the proposed proceedings against the Company on or after 11 October 2008;
iii) Sunberry is granted liberty to apply to lift the stay on proceedings in the event of any payment due from the Administrators to Sunberry not being made as required above.
Lord Justice Wall:
Lord Justice Stanley Burnton: