Robin Hood’s men—merry again (Brooks v Armstrong)

Table of contents

• Original news
• What are the practical implications that those advising can take away from this appeal?
• What was the background to the appeal?
• What were the issues before the deputy judge?
• What were the main legal arguments put forward?
• The liquidators’ main grounds of appeal
• The directors’ grounds of appeal
• What did the deputy judge decide, and why?
• The liquidators’ grounds of appeal
• The directors’ grounds of appeal

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Article summary

Restructuring & Insolvency analysis: How important is it for an insolvency office-holder to quantify the increase in the net deficiency to creditors in support of a wrongful trading claim? Chloe Poskitt and Emma Taylor, both associates at Browne Jacobson, review the appeal decision in Brooks v Armstrong.