Giles Allison

The expanding nature of undervalue transactions: recent cases and practical issues

Recent case law has raised some interesting points around challenges to transactions at an undervalue, which have application for insolvency practitioners who may wish to bring such cases, and creditors seeking to use this legislation to enforce judgments or otherwise challenge the disposal of assets by a debtor. In this article, the authors consider some legal and practical issues to which the authorities give rise and offer some considerations for parties who may find themselves involved in such litigation.