LexisLibrary and LexisPSL
Sign up for a free trial today and get full access for a weekTrial
A liquidator brought claims against de jure and alleged de facto directors of the company, alleging misfeasance and transactions at an undervalue in respect of 16 suspicious payments and wrongful trading. Lesley Anderson QC (sitting as a deputy High Court judge) granted the misfeasance and wrongful trading applications, holding that it was not necessary to reach a view on the transaction at an undervalue allegations.
To view the full text, please log in.
To receive a FREE 14 day online trial to Insolvency Law Online click here.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...