Can debtors be balance sheet or cash flow insolvent if their obligations are limited?

Can a debtor be balance sheet or cash flow insolvent though its obligations are limited to available assets (as considered by the High Court in Re ARM Asset Backed Securities SA [2013] EWCH 3351)?

Key contact

Chris Godfrey

Chris Godfrey Partner

  • Corporate
  • Funds and Asset Management
  • Financial Services

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