How to Challenge a Preferential Payment to a Creditor
How to Challenge a Preferential Payment to a Creditor When a company enters insolvency, the transactions it carried out before liquidation or administration may be reviewed by an insolvency practitioner. This is because certain payments made before insolvency can unfairly place one creditor in a better position than others. A preferential payment occurs where a company pays a creditor, guarantor or another party in a way that improves their position compared with other creditors if the company later
How to Challenge a Preferential Payment to a Creditor Read More »









