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PPI claims survive completion of IVA for creditors (Green v Wright)

PPI claims survive completion of IVA for creditors (Green v Wright)
Published on: 02 March 2017
Published by: LexisPSL
  • PPI claims survive completion of IVA for creditors (Green v Wright)
  • Original news
  • What is the background to this case?
  • What were the legal issues that the Court of Appeal had to decide?
  • What were the main legal arguments put forward?
  • What did the Court of Appeal decide and why?
  • To what extent is this judgment helpful in clarifying the law in this area?
  • What practical lessons can those advising in this area take away from the case?
  • Case details

Article summary

Restructuring & Insolvency analysis: The Court of Appeal has determined issues surrounding the completion of individual voluntary arrangements (IVAs) and the impact of such completion on the recovery of the proceeds of a debtor’s payment protection insurance mis-selling claim which was unrecovered (and unknown) prior to the completion. Paul French of Paul.French.Insolvency, who acted for the IVA supervisor, reviews the Court of Appeal’s decision. or take a trial to read the full analysis.

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