Webster and Another v Mackay: ChD 19 Jul 2013

The claimants appealed from a refusal to annul their bankruptcies, saying that they should not ever have been made, because the petition debt was not a liquidated debt. The claimants said that the debt had been repudiated.
Held: The appeal failed. A present right to future payment was not transformed into a claim for damages upon acceptance of a repudiatory breach.

Purle QC
[2013] EWHC 2571 (Ch)
Bailii
Insolvency Act 1986 282(1)(a)

Insolvency

Updated: 19 November 2021; Ref: scu.514975