We are increasingly being asked to advise non EU resident nationals, with cross jurisdictional lives, who wish to take advantage of the IVA regime in England & Wales. A fairly standard scenario we see is this:
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On 6 February 2019 the Court of Appeal gave its decision dismissing Sequana’s appeal against a decision of the High Court in 2016, that payment of a dividend by a company can be susceptible to challenge under section 423 Insolvency Act 1986 (IA86).
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