All your resources at your fingertips.Learn More
In revoking a CVA on the basis of material irregularity, Roth J held that the chairman of the creditors’ meeting should not have permitted two creditors to vote, albeit marked as objected to. On the balance of probabilities, those creditors’ claims, amounting to 80% of the debts of the company, were based on sham contracts.
To view the full text, please log in.
To receive a FREE 14 day online trial to Insolvency Law Online click here.
"BPIR is an excellent series, of interest to both corporate and personal insolvency lawyers,...