Court hears CBL’s $45m Danish clawback claim
At issue is what counts as insolvent for voidable transactions in liquidation.
The Auckland High Court.
Tim Hunter
Mon, 06 Nov 2023
Hot Topic
Hawke’s Bay
A disputed attempt by CBL Insurance liquidators to claw back €25.4 million ($45m) from Denmark was aired at the High Court today as lawyers argued over whether it counted as an insolvent transaction.
Days before interim liquidators were appointed to CBL Insurance in February 2018, CBL paid €25m
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
Tim Hunter
Mon, 06 Nov 2023
Contact the Writer: thunter@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
Court hears CBL’s $45m Danish clawback claim
Law,
101542