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Headline

Supreme Court upholds CoA Lehman ruling using 200-year-old insolvency law

Comment

As I understand it, using a contract to deprive creditors of an asset that the company has just before the onset of insolvency is something that will not be upheld by the courts. This decision proves it. Is it time that the rest of the world followed suit in adopting the UK's framework for insolvency? Time will tell. Head of Immigration 4A LAW

Posted date

28-Jul-2011

Posted time

12:46 pm

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