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
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
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Tim Hunter
Mon, 06 Nov 2023
Contact the Writer: thunter@nbr.co.nz
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