Voidable Transactions: Lawyer and a Liquidator Perspective
Damien Grant of Waterstone Insolvency and Brent Norling 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.
A further, brief summary of the the voidable transaction regime can be found here: