The unfair preference regime allows liquidators to pursue creditors to clawback payments received during the six months prior to liquidation of a customer.
Trade creditors rarely appreciate receiving a liquidator’s demand to refund money which was properly and legally collected prior to their customer being placed into liquidation.
We have extensive experience in resolving unfair preference claims.
As trade credit specialists, Results Legal has extensive experience in defending and resolving unfair preference claims.
Our specialist insolvency team has extensive knowledge of the unfair preference legislation and accompanying case law, and remains up to date with the latest legal developments as they occur.
Results Legal has successfully resolved hundreds of unfair preference claims for trade credit clients in respect of demands ranging between $5,000 and $5 million.