Void Dispositions & Insolvency - A Bite-Sized Guide

Introduction

By virtue of the Insolvency Act 1986, various transactions entered into by a company or person who subsequently becomes insolvent are void as a matter of law without further order or action.

These void dispositions affect nearly every insolvency (personal and corporate) and are a common feature of any insolvent estate.

This short webinar will explore void dispositions and their features, how they differ between personal and corporate insolvency, and how one might defend against them.

It is suitable for those who act for both office holders and private individuals, and for office holders themselves.

What You Will Learn

This webinar will cover the following:

• What is a void disposition?
• The nature and grounds of recovery for void dispositions
• Limitation issues and void dispositions
• S.127 1986 Act and corporate insolvency:
• What is a disposition?
• Who can be liable?
• When is the relevant time for a disposition to be void?
• Defences against claims and 'change of position'
• S.284 1986 Act and bankruptcy:
• Conditions to be satisfied - timing
• Defence of good faith without notice (only bankruptcy)
• What about trust property?
• Validation orders

This webinar was recorded on 1st May 2024

You can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.