In an action by assignees of a bankrupt to recover money paid by way of fraudulent preference, and in contemplation of bankruptcy, it must be shewn that the party paying contemplated an actual bankruptcy; it is not sufficient to shew that he knew himself to be in a state of insolvency
[1835] EngR 940, (1835) 2 Bing NC 225, (1835) 132 ER 88
Commonlii
England and Wales
Updated: 26 July 2021; Ref: scu.316448