25Contracts entered into by judicial factor
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(1)Subsection (2) applies where a judicial factor, in the capacity of judicial factor, enters into a contract with a person who is or ought to be aware that the judicial factor is entering into the contract in that capacity.
(2)Subject to section 27—
(a)any rights which that person or any third party has under or by virtue of the contract are enforceable against the factory estate only, and
(b)if the contract gives rise to legal proceedings, the action is to be raised by, or, as the case may be, directed against, the judicial factor in the judicial factor’s capacity as such.