Legal News

Gratuitous alienations before the Supreme Court

Published on: 29 June 2016
Published by: LexisPSL
  • Gratuitous alienations before the Supreme Court
  • Original news
  • What was the background to the case?
  • What was the issue the court had to decide?
  • What were the main legal arguments put forward?
  • What did the court decide, and why?
  • To what extent will the English courts be bound by the decision when considering cases concerning transactions at an undervalue under IA 1986, s 238?
  • What practical lessons can those advising take away from the case?

Article summary

Restructuring & Insolvency analysis: The Supreme Court's finding in Stonegale Ltd v Brown that transfers of properties by Scottish companies which later went into administration were gratuitous alienations is explained by advocate Susan Ower, of Axiom Advocates. or take a trial to read the full analysis.

Popular documents