Brake v Chedington Court Estate

Samantha Reeves, Monica McLaren and Georgina Doukanaris of DLA Piper share welcome news for insolvency practitioners: the Supreme Court has generally limited the circumstances in which a dissatisfied debtor will have standing to challenge a trustee's decisions under section 303(1) of the Insolvency Act 1986 or a liquidator’s decisions under section 168(5) of the Act to those where there is likely to be a surplus in the bankruptcy estate.

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