Relation-back period

Unfair preference payments and third-party payments?

Often creditors, when dealing with a debtor company struggling with outstanding debts, will agree to enter into a payment arrangement.    If the debtor company subsequently goes into liquidation during the course of the payment arrangement, the incoming liquidator will usually seek to recover the payments received by the creditor during the relation-back period on the basis the payments were preferential[Read more…]

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