CBL’s $45m Danish payment ruled voidable transaction
Collapsed insurer's liquidators had brought clawback claim over payment made to Alpha Insurance in days before interim liquidators were appointed.
NBR Staff
Fri, 19 Apr 2024
Hot Topic
Hawke’s Bay
The liquidators of collapsed insurer CBL have succeeded in arguing €25.4 million ($45m) paid to Denmark in the days before interim liquidators were appointed are voidable transactions.
Last November, the High Court at Auckland heard arguments over whether a €25m payment to Alpha Insurance in
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
NBR Staff
Fri, 19 Apr 2024
Contact the Writer: editor@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Related News
Related News
CBL’s $45m Danish payment ruled voidable transaction
Law,
103705