Miller v Bayliss


Reference:
[2009] EWHC 2063 (Ch)

Date:
5th August 2009

Court:
High Court

Comment:

Michael Booth QC appeared for the successful claimant in connection with a claim under section 339 of the Insolvency Act 1986. A transfer of shares for no consideration was declared to be a transaction at an undervalue. It was held that the claimant had acted in accordance with his obligations as trustee in bankruptcy, and was wholly entitled to treat the shares as part of the bankrupt estate.

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