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[In]Solvency Matters: Patley Wood Farm LLP v Kicks – officeholders' discretion tested

Posted on 20 November 2023

In these bitesize clips, our Insolvency Litigation team tackle key issues facing various sectors, key case law and legislative updates, and market insights.  

How much discretion should an officeholder have when it comes to managing insolvency proceedings? In this video, we examine the recent decision in Patley Wood Farm LLP, which looked at exactly that question. In doing so, the Court considered important questions for Insolvency Practitioners (and those dealing with them) such as:

  • What office holders must consider when deciding whether to participate in ongoing litigation;
  • Who's interests need to be taken into account; and
  • What role the court can and should play in reviewing their decisions.  

Learn more about these issues, and our Insolvency Team's experience with them

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