Transactions at Undervalue and Misfeasance

Sep 1, 2017

Cavendish IP Solutions is pleased that it was able to settle a number of claims against a director for Misfeasance and Transactions at Undervalue.

Cavendish IP Solutions is pleased that it was able to settle a number of claims against a director for Misfeasance and Transactions at Undervalue.

Cavendish IP Solutions generally prefers to settle cases in an amicable way in order to provide a positive outcome for the Creditors, the Debtor and Cavendish, saving time and expense for all.
In this case by engaging proactively at an early stage the Director was able to limit his liability, and by saving time and legal costs Cavendish IP Solutions were able to agree a much lower settlement sum than would have been achievable later in the process.