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Posts tagged with "s1232"

The balance sheet test of insolvency – New guidance

July 22 2011

The Court of Appeal’s (CoA) recent judgment in BNY Corporate Trustee Services v Eurosail & Ors (2011) provides important guidance on the interpretation of the “balance sheet test” of insolvency set out in Section 123(2) of the Insolvency Act 1986. That section,   Read More…

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