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Expert Analysis

UK Ruling May Affect 3rd-Party Fraud Liability Post-Insolvency

By Adam Silver, Ricci Potts and Richard Herstell (May 4, 2023, 4:42 PM BST) -- Under certain provisions of the Insolvency Act 1986, a liquidator of an insolvent company has the power to challenge transactions carried out by the company prior to liquidation in order to recover assets for the benefit of the creditors....

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