Reviewable transactions - general

Question 1

who can bring these claims?

Answer 1

an administrator/liquidator only

Question 2

what are the dates of insolvency for:
- out-of-court administration
- court administration
- voluntary liquidation
- compulsory liquidation

Answer 2

o Out-of-court administration = date notice of intention to appoint filed
o Court administration = date of administration application was made
o Voluntary liquidation = date the SR passed
o Compulsory liquidation = date WUP was presented to court

Question 3

when will a person / entity be connected with a company?

Answer 3

A director of the company

An associate of D:
 Current + former spouses/CPs
 Relatives (parents, children, sibling, aunt/uncle) of D + spouse/CP (inc. former)

A company D/their associates have control of

Question 4

what remedies are available?

Answer 4

Court has a wide discretion to make any order it sees fit, e.g.:
o Transfer of property
o Release security
o Require person to pay