A creditor’s claim to set aside an insolvent debtor’s transaction as being at an undervalue could not be pursued to benefit that creditor alone, and a plaintiff was not entitled to his full judgment and costs. A conspiracy claim was hard to establish.
Citations:
Times 26-May-1999
Statutes:
Jurisdiction:
England and Wales
Insolvency
Updated: 19 May 2022; Ref: scu.80100