company could only be paid at the expense of the creditors, since, although the company could pay, it could only do so out of assets available for distribution to the creditors. See also UK company law Notes References Ann Cheong, ‘Rhondda Waste Disposal Ltd (In Administration), Re [2001] Ch. 57’ (2001) Company Lawyer 283 United Kingdom insolvency case law Court of Appeal (England and Wales) cases 2001 in case law 2001 in British law