Re Cheyne Finance plc

Re Cheyne Finance plc
Court High Court
Citation(s) [2007] EWHC 2402 (Ch), [2008] BCC 182, [2008] 1 BCLC 741, [2008] Bus LR 1562, [2008] 2 All ER 987
Court membership
Judge(s) sitting Briggs J
Keywords
Cash flow test

Re Cheyne Finance plc [2008] EWHC 2402, [2008] BCC 182 is a UK insolvency law case, concerning the definition of insolvency under the cash flow test.

Facts

Cheyne Finance plc had set up a number of structured investment vehicles.

Judgment

Briggs J held that a court could take into account debts that would become payable in the near future, and perhaps further ahead, and whether paying those debts was likely.

See also

Notes

    References

    External links

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