Phillips v Brewin Dolphin Bell Lawrie Ltd[161] the liquidators of an insolvent company, AJ Bekhor L

Voidable transaction casesMain articles: Fraudulent conveyance, Undervalue transaction, Voidable preference, Voidable floating charge, and Unjust enrichmentSince the Fraudulent Conveyances Act 1571, transactions...

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rs with similar claims equally, UK law creates significant exceptions to some fundamental pri

Increasing assetsLitigation by administrators and liquidators may avoid unfair transactions or preferences, and make former directors pay for wrongdoing. But because of a cautious culture, accountants...

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do anything set out in sections 160, 165 and Schedule 4 for the purpose of its main duty. This i

Apart from petitions by the company or creditors, an administrator has the power to move a company into liquidation, carrying out an asset sale, if its attempts at rescue come to an end.[145] If the liquidator...

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