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Challenging the validity of an IVA

Challenging the validity of an IVA
Published on: 01 March 2016
Published by: LexisPSL
  • Challenging the validity of an IVA
  • Original news
  • What was the background to the appeal, briefly?
  • What were the legal issues the Court of Appeal had to decide?
  • What were the main legal arguments put forward?
  • Construction issue
  • Ratification issue
  • Material irregularity issue
  • What did the Court of Appeal decide, and why?
  • To what extent is the judgment helpful in clarifying the law in this area?
  • More...

Article summary

Restructuring & Insolvency analysis: Has the judgment in Narandas-Girdhar and another v Bradstock clarified the position when challenging the approval of a voluntary arrangement by a creditors’ meeting? Katherine Hallett, barrister at 13 Old Square Chambers, explores the decision and the practical implications when seeking to set aside an individual voluntary arrangement (IVA). or take a trial to read the full analysis.

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