Re Cheyne Finance plc
Re Cheyne Finance plc [2008] EWHC 2402 (Ch), [2008] BCC 182 is a UK insolvency law case, concerning the definition of insolvency under the cash flow test.
| Re Cheyne Finance plc | |
|---|---|
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| 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 | |
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.
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See also
- UK insolvency law
Notes
References
External links
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