Judgment given in a transaction defrauding creditors claim following strike out (Integral Petroleum SA v Pretrogat FZE and ors)

Phillip Patterson of Gatehouse Chambers summarises a recent case where the owners and controllers of a company had their defence to a claim under section 423 of the Insolvency Act 1986 struck out and judgment entered against them after they refused to identify the recipient of payments made out of the company during the course of arbitration proceedings.

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