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Defending voidable transactions
The main defences to a voidable transaction claim are:
- Good faith defence;
- Running account balance defence;
- The defendant creditor is a secured creditor; and
- The ultimate effect doctrine or “the landlord defence”.
Other arguments that we have faced against claims we have run are:
- Capacity to pay;
- Equitable liens;
- Set-off, following the recent case law commentary;
- Charging clauses; and
- Factoring agreements.
If you have any questions regarding these possible defences, please give our experts at SV Voidables a call on 1800 246 801.[/vc_column_text][/vc_column][/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_empty_space height=”40px”][/vc_column][/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][templatera id=”528″][/vc_column][/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][templatera id=”478″][/vc_column][/vc_row]