The claimant, as trustee for the deceased’s insolvent estate, sought a declaration that a transfer of the deceased’s share in property made by the executors was void as being at an undervalue. The property was subject to a right of occupation in favour of one of the purchaser, one of the defendants, and therefore reduced … Continue reading Williams v Lawrence and Another: ChD 28 Jul 2011
The deceased had been a name at Lloyds and died insolvent. The court considered the meaning and effect of regulation 12 of the 1986 Order.
Held: The provision meant what it said, with the result that if an Insolvency Administration Order was . .