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    Liquidator’s “claw-back” powers

    Zoran Gelic,

    Where a company has been placed into liquidation, the liquidator has statutory powers to recover payments made to creditors and other parties. This often catches many businesses by surprise, as they may be suddenly pressured by a liquidator’s demand, or worse, compelled by Court Order, to refund monies to the liquidator, having, in many cases,

    Posted in Insolvency Law
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