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Voidable ruling welcomed by industry

The ruling gives clarity to the contentious issue of insolvent transactions.

Chris Hutching for NBR NZ Property Investor
Fri, 27 Feb 2015

The Supreme Court ruling on voidable transactions has been welcomed by industry players.

The ruling gives clarity to the contentious issue of insolvent transactions, or clawback payments by a liquidator. However, the decision leaves it open for company directors to choose which creditors get paid

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Chris Hutching for NBR NZ Property Investor
Fri, 27 Feb 2015
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Voidable ruling welcomed by industry
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