Six tiny homes and one major (and dubious) development

Snapshot

Filed under:
New Zealand, Insolvency & Restructuring, Litigation, Real Estate, Simpson Grierson
Authors:
Josh Cairns , James Caird , Ben Upton , Steve Flynn , Sophie Hawksworth
Location:
New Zealand
Firm:
Simpson Grierson
Voidable transactions – back on track

A creditor wanting to keep the benefit of a potentially voidable transaction must be able to prove that value was given to the debtor company at the time payment was received, the Court of Appeal has held in Farrell v Fences & Kerbs Limited [2013] NZCA 91.

Filed under:
New Zealand, Insolvency & Restructuring, Litigation, Simpson Grierson, Debt, Liquidator (law)
Authors:
James Caird , John Shackleton , Tim Stephens , Steve Flynn
Location:
New Zealand
Firm:
Simpson Grierson