When a company goes into liquidation, a liquidator has the power, in certain circumstances, to require a creditor who has received a payment from the company to pay that money back. These are known as “insolvent transactions”, and while it…
When a company goes into liquidation, a liquidator has the power, in certain circumstances, to require a creditor who has received a payment from the company to pay that money back. These are known as “insolvent transactions”, and while it…