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Society Of Lloyds v Twinn & Anor, Court of Appeal - Administrative Court, March 23, 2000, [2000] EWHC Admin 308





CHBKF 1999/0660/B3
IN THE HIGH COURT OF JUSTICE CHBKF 1999/0659/B2
CHANCERY DIVISION

Thursday 23rd March 2000

Before:-

THE VICE-CHANCELLOR:

The Rt. Hon. Sir Richard Scott

The Rt. Hon. Lord Justice Chadwick

The Rt. Hon. Lord Justice Buxton


B E T W E E N:-


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(Transcript of the Handed Down Judgment of
Smith Bernal Reporting Limited, 180 Fleet Street
London EC4A 2HD
Tel No: 0171 421 4040 0171 421 4040, Fax No: 0171 831 8838
Official Shorthand Writers to the Court)
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Mr J. Briggs instructed by The Society of Lloyds for the Appellant
Ms C. Mackenzie-Smith instructed by Geoffrey George Twinn and Gail Sally Anne Twinn for the Respondents
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Judgment
As Approved by the Court

Crown Copyright ©





The Vice-Chancellor:
1. This is an appeal by the Society of Lloyd's (Lloyd's) against the judgment of Jacob J., given on 11 May 1999. The respondents to the appeal are Mr and Mrs Twinn. They are, or were, Lloyd's Names.

2. On 12 July 1998 Lloyd's served on Mr and Mrs Twinn statutory demands. A separate statutory demand was served on each. The statutory demands called for payment of sums said to be owing by them to Lloyd's under the so-called Reconstruction and Renewal Agreement entered into between Lloyd's and each of the Names who accepted the terms on offer. No application to set aside the statutory demands was made. Nor was payment made. So, on 23 September 1998 Lloyd's petitioned for bankruptcy orders to be made against Mr and Mrs Twinn. There was a separate petition against each of them. The petition against Mr Twinn alleged an indebtedness to Lloyd's of £1,018,832. Paragraph 2 of the petition said this:- "2. The debtor is justly and truly indebted to us in the aggregate sum of £1,018,832 being the amount due to us pursuant to the terms of Settlement Agreement concluded between us and the debtor in 1996 and payable by Noon on 30 September 1996 whereby the debtor is deemed to be an "Accepting Name". By a letter dated 27 June 19...
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