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Company Law

Analysis - guidance - compliance

15 JUN 2014


Court of Appeal
Sullivan, McFarlane, Lewison LJJ
3 April 2014

LEWISON LJ: The issue
[1] The legal issue raised in this appeal is: when is a company deemed to be unable to pay its debts, with the result that it is insolvent? The procedural issue is whether the intermediate appeal court was entitled to substitute its own evaluation of the facts upon which the answer to the legal question depends.

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