Terra Firma Chambers’ David Logan gave a talk to the Tayside and Fife Insolvency Group in Pitlessie, Fife on Wednesday 30th March 2016.
David’s paper provided an update of recent legal developments, focusing largely on section 242 of the Insolvency Act 1986. This section allows transactions which took place before a company went into insolvency to be challenged if not for adequate consideration. David examined this in light of the recent Supreme Court hearing in the case of Joint Administrators of Oceancrown Ltd-v-Stonegale Ltd and a debate he recently appeared in on the relevancy of a claim under s.242 for a liquidator in Aberdeen Sheriff Court.
David’s participation underlines Terra Firma’s ongoing commitment to advancement of the legal profession and the regional Faculties. Our Members regularly speak at in-house events, conferences and seminars throughout Scotland and beyond. To request a copy of our seminar programme, please contact emma.potter@terrafimachambers.com.
The full text of David’s talk can be found by visiting our articles page.