A creditor was bound by a voluntary arrangement if he knew of the meeting and was served properly. Citations: Times 25-Jul-1995 Statutes: Insolvency Act 1986 5(2)(b) Jurisdiction: England and Wales Insolvency Updated: 24 July 2022; Ref: scu.81642
The company’s assets were subject to a floating charge. That had crystallised. The liquidators, after a voluntary winding up, sought to make the assets remaining after repayment of the sums secured, available to pay the costs of the winding up. The trustees of the debenture sought to appeal a finding that the assets were so … Continue reading Buchler and Another v Talbot and others: CA 22 Feb 2002
