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Court of Appeal clarifies Eurosail

Court of Appeal clarifies Eurosail
Published on: 07 May 2014
Published by: LexisPSL
  • Court of Appeal clarifies Eurosail
  • Original news
  • How did the issue arise?
  • What did the Court of Appeal decide are the relevant factors for deciding cashflow insolvency?
  • What factors are relevant to balance sheet insolvency?
  • What is the effect of a presumption of insolvency regarding connected persons?
  • Are there any trends emerging post-
  • ?
  • What practical points can insolvency lawyers with potential clawback claims take away from this judgment?

Article summary

Restructuring & Insolvency analysis: At what point will the court find a company is deemed unable to pay its debts? Frances Coulson of Moon Beever comments on a ruling in which the court considered the established law on the issue in the context of cashflow. or take a trial to read the full analysis.

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