The net book value of a company’s assets is not the appropriate figure for the court to consider when considering whether or not there are assets sufficient to meet a potential claim.
Judges:
Christopher Clarke J
Citations:
[2010] EWHC 303 (Comm)
Links:
Jurisdiction:
England and Wales
Cited by:
Cited – Shepherd Construction Ltd v Berners (BVI) Ltd and Another TCC 25-Mar-2010
The defendants sought a release from an asset freezing order, saying that there was no good reason to anticipate any dissipation of assets. An action between the parties had been settled on terms, but the defendant had not met payments. The . .
Lists of cited by and citing cases may be incomplete.
Litigation Practice
Updated: 14 August 2022; Ref: scu.401906