Soft Dangerous Shores – the solvency test and contingent liabilities

A recent Supreme Court decision about a liquidator’s challenge of voidable transactions highlights an issue about the need to consider contingent liabilities when assessing the question of solvency. To some readers, this signals the problems faced by a dynamic business and the risk that decision-making will be brought into question by a liquidator and ultimately … Continue reading Soft Dangerous Shores – the solvency test and contingent liabilities