Legal guidance

Insolvency set off and fraudulent deprivation of the right

Insolvency set off dates back to the statue of Queen Anne, designed to do substantial justice between creditors and insolvent individuals or companies. In Forster v Wilson [1843] 152 ER 1165… Parke B said: “the purpose of insolvency set off was to do substantial justice between the parties …. ” Although it is often said that the justice of the rule is obvious..” That…
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