Unfair Preferences

Unfair preferences

Unfair Preferences are the most common type of voidable transaction and occurs where a creditor has received an advantage over other creditors, by receiving payment (or other type of transaction) for their outstanding liabilities and does so in circumstances where they knew, or ought to have known, that the company was insolvent.

The elements of unfair preferences – see our Voidables FAQ

Are you concerned about your financial position? Contact us now for an obligation free consultation.