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Re Cheyne Finance plc

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Re Cheyne Finance plc
CourtHigh Court
Citations[2007] EWHC 2402 (Ch), [2008] BCC 182, [2008] 1 BCLC 741, [2008] Bus LR 1562, [2008] 2 All ER 987
Court membership
Judge sittingBriggs J
Keywords
Cash flow test

Re Cheyne Finance plc [2008] EWHC 2402 (Ch), [2008] BCC 182 is a UK insolvency law case, concerning the definition of insolvency under the cash flow test.

Facts

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Cheyne Finance plc had built a number of structured investment vehicles.

Judgment

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Briggs J held that a court could take into account debts that would become payable in the near future, and perhaps further ahead, and whether paying those debts was likely.

See also

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Notes

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References

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