EXPERIENCE

Technical Insight

In recent times, we have seen two key decisions heard in the High Court which further clarify the position about potential claims against creditors by a liquidator concerning unfair preferences.
The purpose of this week’s article is a technical piece outlining the scheme’s terms, it’s basis for existence and a working example that highlights the savings.
In our last article, we spoke about the benefits of maintaining financial records to monitor a business’s financial health.