The operation of the wrongful trading provision - section 214 of the Insolvency Act 1986 - has recently been considered by the High Court in Grant v Ralls (re Ralls Builders Ltd) [2016] EWHC 243 (Ch). A summary of the decision, in which the trial judge considered, amongst things, the operation of the defence under section 214(3), has been published by the ICLR: see here.
Tuesday, 16 February 2016
UK: England and Wales: wrongful trading under section 214 of the Insolvency Act 1986
The operation of the wrongful trading provision - section 214 of the Insolvency Act 1986 - has recently been considered by the High Court in Grant v Ralls (re Ralls Builders Ltd) [2016] EWHC 243 (Ch). A summary of the decision, in which the trial judge considered, amongst things, the operation of the defence under section 214(3), has been published by the ICLR: see here.
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