Re Hurst Allen (26 August 2022)

The Chancery Division granted a declaration that a Declaration of Trust executed by the first and second respondents in respect of property had amounted to a transaction at an undervalue and had been executed for the purpose of putting assets beyond the reach of their creditors or of otherwise prejudicing the interests of such a person for the purposes of s 423(1) and (3) of the Insolvency Act 1986.