Liquidator`s agreement champertous
Liquidator`s agreement champertous
- 1996
- Times 14 October 1996, 42(1) .
"Ward v Aitken and others, In re Oasis Merchandising Services Ltd" CA 9 October 1996. An agreement between the liquidators of an insolvent company and a third party to share fruit of claims against former directors was champertous and void, since it was not a sale of property of the company.
CHAMPERTY
INSOLVENCY ACT 1968 PARA 6
Insolvency
LIQUIDATION
WARD V AITKEN AND OTHERS
"Ward v Aitken and others, In re Oasis Merchandising Services Ltd" CA 9 October 1996. An agreement between the liquidators of an insolvent company and a third party to share fruit of claims against former directors was champertous and void, since it was not a sale of property of the company.
CHAMPERTY
INSOLVENCY ACT 1968 PARA 6
Insolvency
LIQUIDATION
WARD V AITKEN AND OTHERS