Re Cheyne Finance plc
| Re Cheyne Finance plc | |
|---|---|
.svg.png) | |
| Court | High Court |
| Citation(s) | [2007] EWHC 2402 (Ch), [2008] BCC 182, [2008] 1 BCLC 741, [2008] Bus LR 1562, [2008] 2 All ER 987 |
| Court membership | |
| Judge(s) sitting | Briggs J |
| Keywords | |
| Cash flow test | |
Re Cheyne Finance plc [2008] EWHC 2402, [2008] BCC 182 is a UK insolvency law case, concerning the definition of insolvency under the cash flow test.
Facts
Cheyne Finance plc had set up a number of structured investment vehicles.
Judgment
Briggs J held that a court could take into account debts that would become payable in the near future, and perhaps further ahead, and whether paying those debts was likely.
See also
Notes
References
External links
This article is issued from Wikipedia - version of the 4/27/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.