Application notice to unwind a preference or transaction at an undervalue


Published by a UUÂãÁÄÖ±²¥ Restructuring & Insolvency expert
Precedents

Application notice to unwind a preference or transaction at an undervalue


Published by a UUÂãÁÄÖ±²¥ Restructuring & Insolvency expert

Precedents
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Note: This Precedent should be used in conjunction with an application notice template that complies with the Insolvency (England and Wales) Rules 2016, SI 2016/1024—see:

  1. •

    (Form IAA) IR 2016, r 1.35 VAR Insolvency Act Application Notice

INSOLVENCY ACT APPLICATION NOTICE

CASE NO: [insert case number]

[IN THE HIGH COURT OF JUSTICE

BUSINESS AND PROPERTY COURTS OF ENGLAND AND WALES

INSOLVENCY AND COMPANIES LIST (ChD)

OR

IN THE HIGH COURT OF JUSTICE

BUSINESS AND PROPERTY COURTS IN [insert location]

INSOLVENCY AND COMPANIES LIST (ChD)

OR

IN THE HIGH COURT OF JUSTICE

CHANCERY DIVISION

[insert location] DISTRICT REGISTRY

OR

IN THE COUNTY COURT AT [insert location]]

[IN THE MATTER OF [insert company’s name]

OR

IN THE MATTER OF [insert bankrupt’s

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Jurisdiction(s):
United Kingdom
Related legal acts:
Key definition:
Preference definition
What does Preference mean?

An action done or suffered to be done by a debtor prior to his being adjudged bankrupt, or by a company prior to its entering into administration or going into liquidation, that has the effect of putting one or more of his/its creditors or one or more of the sureties or guarantors of his/its debts or other liabilities into a better position in the event of his bankruptcy or of the company's insolvent liquidation.

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