• Insolvency Insider UK
  • Posts
  • Evidence is everything: strike out application dismissed as "hopeless and speculative" in the Insolvency and Companies Court – A Company -v- Visionary Future LLC & ors.

Evidence is everything: strike out application dismissed as "hopeless and speculative" in the Insolvency and Companies Court – A Company -v- Visionary Future LLC & ors.

Fraser Mitchell and Bella Lamplough Shields of Lewis Silkin highlight that the Insolvency and Companies Court dismissed as “hopeless and speculative” a company’s attempt to strike out or restrain advertisement of a winding-up petition, stressing that only robust, verifiable evidence of solvency or funding can defeat such petitions.