- Of debts and dividends (LRH Services Ltd v Trew)
- What are the practical implications of this case?
- What was the background?
- What did the court decide?
Restructuring & Insolvency analysis: The case of LRH Services Ltd (in liquidation) v Trew underlines that a company and its directors must take great care when reviewing information leading to the making of a solvency statement under the Companies Act 2006. Failure to do so has the potential for criminal repercussions and possible personal liability in the future. Rebecca Zaman, of 3 Verulam Buildings, explains a case that offers clarity for insolvency practitioners.
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