Transaction Avoidance in Insolvencies

by Parry, Rebecca; Ayliffe QC, James; Shivji, Sharif; Anderson, Hamish; Trower QC, William

• ISBN13: 9780198793403
• ISBN10: 0198793405
• Edition: 3rd
• Format: Hardcover
• Copyright: 2018-05-15
• Publisher: Oxford University Press

Author Biography

Rebecca Parry, Nottingham Law School,James Ayliffe QC, Barrister, Wilberforce Chambers,Sharif Shivji, Barrister, 4 Stone Buildings

Rebecca Parry is a Professor at Nottingham Law School at Nottingham Trent University, specialising in corporate insolvency law.


James Ayliffe QC is at Wilberforce Chambers and has a particular expertise in real estate related insolvency.



Sharif Shivji is a leading junior at 4 Stone Buildings specialising in insolvency and, as a former derivatives trader, has specialist knowledge of the financial markets. He is the current Chambers & Partners Company and Insolvency Junior of the Year.

Table of Contents

A. Introduction
1. Introduction
2. The rationale of transaction avoidance
B. Avoidance laws applicable in insolvency
3. Post petition dispositions
4. Transactions at an undervalue
5. Preferences
6. Extortionate credit transactions
7. Disclaimer
8. Unenforceable liens
9. Avoidance of general assignments of book debts
10. Transactions defrauding creditors
11. Conflict with the pari passu principle
C. Issues peculiar to bankruptcy
12. Matrimonial homes
13. Concurrent bankruptcy and divorce proceedings
14. Pensions (bankruptcy)
D. Issues peculiar to corporate insolvency
15. Pensions (corporate insolvency)
16. Floating charge avoidance: Non registration
17. Floating charge avoidance: Late execution
18. Avoidance powers under the Companies Act 2006
19. Officeholder Claims
E. Cross border transaction avoidance
20. Transaction avoidance in Scotland
21. Cross border considerations
22. Offshore jurisdictions
F. Practical issues
23. Evidence gathering
24. Overlap with other proceedings
25. Limitation periods
26. Destination of proceeds of transaction avoidance