Supreme Court dismisses appeal in landmark Section 423 Insolvency Act case ...Middle East

Pinsent Masons - News
source : Pinsent Masons ( Middle East ) () 49
A new ruling by the UK Supreme Court confirms that creditors can obtain remedies if transactions entered into at an undervalue have the purpose and effect of prejudicing claims the creditors have against the debtor – even if the debtor has not personally agreed those transactions.

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