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High Court considers limits of insolvency office-holders’ investigatory powers

Alex Jay and Jack Barlow of Stewarts examine the High Court’s decision in Webb v Eversholt Rail, which confirms that liquidators using sections 235 and 236 of the Insolvency Act 1986 must show a reasonable need for the documents sought and cannot rely on broad “reconstitution of knowledge” arguments to obtain blanket disclosure from third-party service providers.