LexisLibrary and LexisPSL
Sign up for a free trial today and get full access for a weekTrial
(Chancery Division, Richard J, 12 April 2012)
At the hearing of a bankruptcy petition, the debtor applied for an adjournment arguing that (1) he had an expectation of income which if received would enable him to pay the petition debt; and (2) he was the joint owner of land said to be worth a substantial sum and his offer of security over the land had been unreasonably refused...
To read the full case summary you must subscribe to Jordans Insolvency Law Online (if you already subscribe click here to log in). Subscribers to BPIR will be able to view the full judgment where available.
To request a free trial click here and select Jordans Insolvency Law online from the drop down menu.
"This is the ultimate statement of where the law on IVAs is to be found in our great common law...