Re Kimberley Scott Services Ltd (ChD, Norris J, 24 May 11), BPIR (forthcoming)
Liquidators were appointed over two companies. An issue arose in relation to the beneficial ownership of money which was in one's bank account and which might belong to the other. A creditor applied to remove the liquidators, on the basis that there was a conflict of interest.
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...