Judgment handed down in Glint Pay Ltd & Ors v Jason Baker & Geoffrey Rowley

On 18 August 2025 judgment was handed down in the case of Glint Pay Ltd & Ors v Jason Baker & Geoffrey Rowley [2025] EWHC 2166 (Ch). The case concerned a claim that the defendant insolvency practitioners had been invalidly appointed administrators by the floating charge holders. The claimants argued that a) there had been no events of default entitling the floating charge holder to appoint; b) that the floating charge holder had had an improper purpose in making the appointment in that they had purchased the debt and the floating charge for the purpose of acquiring the business of the claimants and that if there had been events of default they had been manufactured. The claimants’ case was that the invalid appointment meant that the defendants were trespassers and were liable to compensate the claimant companies for the loss of profits caused by the administration. The oddity in the case was that the administrators had rescued the companies as going concerns.

The defendants applied to strike out the claimants’ claims and for an order of reverse summary judgment. Mr Simon Gleeson (sitting as a Deputy Judge of the High Court) in a well-reasoned judgment found in favour of the defendants.

Lexa Hilliard KC and Jack Watson acted for the successful Defendants.

Full judgment