All your resources at your fingertips.Learn More
In 2005, a company sold a property to the respondents. It was sold by them for a profit in 2006. The liquidator of the company alleged that the sale had been a transaction at an undervalue. After hearing extensive expert evidence as to the value of the property as at the date of sale, David Richards J dismissed the application.
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...