Kent Solicitors

Earlier this year we reported that High Court case where a Husband, having reluctantly transferred assets to his Wife under a Court Order, went bankrupt and then his Trustee in bankruptcy successfully claimed back from the Wife those same assets to pay off his debts

The Court of Appeal has reversed this decision saying that it would be "unfortunate in the extreme" if a settlement approved in a divorce court could be undone for up to 5 years because the husband went bankrupt.

Labels: Divorce bankruptcy insolvency trustee