- Exploring bankruptcy statutory demands and specifying creditor security for debt (Promontoria (Chestnut) Ltd v Bell and another)
- What are the practical implications of this case?
- What was the background?
- What did the court decide?
Restructuring & Insolvency analysis: Simon Hill, barrister at 33 Bedford Row, considers the case of Promontoria (Chestnut) Ltd v Bell and another and the requirements imposed on creditors serving statutory demands by the Insolvency Rules 1986 (which applied to this case), to specify security held by the creditor in respect of, or for, the debt.
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