Revenue and Customs Commissioners v Football League Ltd (Football Association Premier League Ltd intervening) – WLR Daily

Posted May 31st, 2012 in insolvency, law reports, sport by tracey

Revenue and Customs Commissioners v Football League Ltd (Football Association Premier League Ltd intervening): [2012] EWHC 1372 (Ch);  [2012] WLR (D)  163

“The ‘football creditor rule’ under which football creditors, such as the club’s players and managers, were paid in full in priority to other creditors did not offend either the pari passu principle or the anti-deprivation rule.”

WLR Daily, 25th May 2012

Source: www.iclr.co.uk