Recovery of Post-Petition Dispositions by Liquidators

Introduction

Section 127(1) of the Insolvency Act 1986 is a valuable weapon in a compulsory liquidator’s transaction avoidance arsenal.

However, unlike other comparative provisions it is silent as to how a liquidator can use it to recover assets for the benefit of creditors - as well as the potential defences available to recipients.

Over the last few years, these issues have been explored and clarified by the courts in a number of important cases.

This webinar will provide a detailed overview of those cases and practical guidance as to how to bring and defend claims.

What You Will Learn

This webinar will cover the following:

• What is (and is not) a disposition for the purposes of s.127 of the Insolvency Act 1986?
• What claims will a liquidator have against the recipient of a post-petition disposition?
• When will the court retrospectively validate a post-petition disposition?
• What other defences are available to a recipient of a post-petition disposition?
• What claims will a liquidator have against the director(s) of a company which made void dispositions?

This webinar was recorded on 9th October 2023

You can gain access to this webinar and 2,101 others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.