HM REVENUE & CUSTOMS could receive its answer sooner rather than later on whether a controversial insolvency rule in football is unlawful.
The taxman is battling against the football league over its controversial Football Creditor Rule (FCR) which prioritises some creditors over others.
However, presiding judge Mr Justice David Richards indicated he would like to deliver a judgement before the Christmas break.
The FCR prioritises the payment of football creditors such as other clubs and players ahead of other creditors, which HMRC believes is unlawful and outside the rules of insolvency – that all creditors should be treated equally.
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children