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What To Do In Partnership Insolvency?


 
Partnership Insolvency - How To Deal With It
Official Receiver v Hollens [2007] EWHC 753 (Ch)

Ch D
 4 April 2007
Weekly Law Notes Summary

Subsections 303(2A) to (2C) of the Insolvency Act 1986 conferred upon the court the power to direct that the affairs of a partnership be wound up and its property administered as if the debtors had themselves presented a joint petition, even though they had not, so long as the partnership was insolvent and the order sought was one that could have been made had the individual members presented the joint petition.
 
 

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