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Insolvency – Transaction at undervalue. A company sold premises to the second appellant, which granted security over the premises to the first appellant. The company's liquidator sought the reduction of first appellant's security on the basis that the disposition of the company's property had been gratuitous alienation. The Extra Division of the Inner House of the Court of Session set aside the judge's decision that the sale had been for adequate consideration, under s 242(4) of the Insolvency Act 1986. The Supreme Court, in allowing the appellants' appeal, held that the judge had not erred in finding that the alienation had been made for adequate consideration and that the Extra Division had erred in finding that he had gone plainly wrong in dealing with the evidence.
Insolvency – Transaction at undervalue. A company sold premises to the second appellant, which granted security over the premises to the first appellant. The company's liquidator sought the reduction of first appellant's security on the basis that the disposition of the company's property had been gratuitous alienation. The Extra Division of the Inner House of the Court of Session set aside the judge's decision that the sale had been for adequate consideration, under s 242(4) of the Insolvency Act 1986. The Supreme Court, in allowing the appellants' appeal, held that the judge had not erred in finding that the alienation had been made for adequate consideration and that the Extra Division had erred in finding that he had gone plainly wrong in dealing with the evidence.
Update from the Chair of the Bar
By David Green
Mário Barroso, Head of R&D and Method Development at AlphaBiolabs, examines the forensic science underpinning hair drug testing, its evidential scope and limitations, and why it remains the gold standard for evidencing patterns of drug use in family proceedings
Unlocking your aged debt to fund your tax in one easy step. By Philip N Bristow
Clement Cowley, Partner at The Penny Group, discusses the upcoming changes to pensions and Inheritance Tax and the potential impact on your financial future
Save the Children UK is the latest charity to benefit from a £500 donation from AlphaBiolabs via the company’s Giving Back initiative
James McNeill Whistler at Tate Britain until 27 September Rothko in Florence at Palazzo Strozzi until 23 August Reviewed by Stephen Cragg KC
The Chief Legal Officer to the Metropolitan Police, barrister Brett Welch, tells Anthony Inglese CB about his mission and the work to turn the Met around
Barrister apprenticeships – shortly to provide the fourth pathway to the Bar – are an ideal opportunity to support local talent and ‘grow your own’, say Tim Coulson and Dr Jane Dennehy
Grok around and find out – or not? Mariya Peykova investigates the nudification scandal, what the law has to say about sexually explicit deepfakes, and whether stronger regulation is needed
Oliver Lewis spotlights an overlooked yet rapidly evolving area of law – coercive and controlling behaviour within care contexts
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