LexisLibrary and LexisPSL
Sign up for a free trial today and get full access for a weekTrial
S and the bankrupt were joint owners of a property. The bankrupt’s interest was transferred to S at an undervalue 2½ years before the bankruptcy order. On the trustee’s application, the transaction was avoided as a transaction at an undervalue, the judge relying upon the presumption of insolvency under s 341(2) of the Insolvency Act 1986 because of their joint trusteeship.
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,...