Damien Grant of Waterstone Insolvency and Brent Norling of Norling Law sat down to discuss a very controversial area of insolvency law, voidable transactions. It seems very unjust when a liquidator requires you to repay money you have worked very hard to generate. Liquidators can claw back money that was paid up to two years prior to a liquidation. At Norling Law, we often see liquidators overreaching and overstating their position. Without expert advice, recipients of funds can be pressured to pay back money that they are really entitled to retain. We put a spotlight on the area and discuss it with a liquidator to gain another perspective. Full video here:

You may also like

Alternatives to Liquidation and Full Payment
When a company cannot pay its debts, often people believe there are only two broad options, pay or liquidate. This is not true. There are some great options in the middle. In this video, Brent Norling discusses ways to compromise [...]
Andy and Brent on Business Survival
Andy Carruthers from Findex joins Brent Norling from Norling Law to discuss survival techniques for businesses so they can thrive in the future. They cover cashflow, commercial leases, employee cost reduction, IRD arrangements, and [...]
The Regulation of Insolvency Practitioners
Regulation is coming for insolvency practitioners. Many of the changes will be applicable in June 2020. Given the impact of Covid-19 the regulation of insolvency practitioners may have come at a good time. Unfortunately, the [...]
12313

Page 1 of 13