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Insolvency: Defined interests
Liz Cowell examines the courts’ approach to insolvency and transactions at an undervalue ‘A trustee in bankruptcy has the power to apply to the court for an order to restore the bankrupt to the position they would have been in prior to having entered into a transaction at an undervalue.’ The position of the spouse …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Haines v Hill & anor [2007] EWCA Civ 1284; [2008] WTLR 447 CA
- Re Kumar [1993] 2 All ER 700
- Trustee in Bankruptcy of Gordon Robin Claridge v Claridge & anor [2011] EWHC 2047 (Ch)