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- Heading
- Mr Simon Gleeson
- The Position of the Company
- Who are the Creditors?
- The BAT Debt
- The BTI Debt
- Set-off of the £7.6m PwC Share
- The Significance of the Applicants’ Status as Majority Creditors
- How Significant is the Conflict which the Current Administrators Face?
- Could the conflict be “managed”?
- The Removal of Administrators - Principles
- Has the test for removal been met?
- The Administrators’ Conduct in Respect of the Conflict
- The Conduct of the Administrators After the Conflict was Discovered
- Conduct – the E-mails
- Do the Applicants have an Adverse Interest to the Creditors Generally?
- Application to the facts
- The Reputation Ground
- Conclusions