Liquidators prevent insurers' subrograted claim
St Paul Travelers Insurance Company v (1) Dargan and Edwards (as joint liquidators of Ballast plc) and (2) Mott MacDonald (Chancery Division - 15 December 2006)
Section 178 of the Insolvency Act 1996 allows the liquidator of a company to disclaim 'onerous' property. This is usually a continuing lease but it could be any property. However, in this case the
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