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Supreme Court - important win for creditors over liquidators - 20th Feb 2015

Supreme Court - important win for creditors over liquidators Supreme Court - important win for creditors over liquidators.


Chapman Tripp
Michael Arthur, Michael Harper, Daniel Kalderimis, Hamish Foote and James McMillan
New Zealand
February 18 2015

The Supreme Court has today considerably expanded the “good faith” defence for voidable transactions.

Where a creditor “gave value” through the original transaction, that creditor can now defeat a voidable transaction claim by proving only that it acted in good faith, with no suspicion of insolvency.

Read the article here

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