When will the Court exercise its discretion to adjourn a bankruptcy petition or make an immediate bankruptcy order? The recent Bankruptcy Court decision of Aabar Block Sarl v Maud provided clarification on the matters that the Court will take into consideration. John Alderton (Partner) and Jon Chesman (Associate) represented the Debtor, Glenn Maud, who successfully applied for an adjournment of the petition. They were recently interviewed by Diana Bentley for Lexis PSL in an article entitled “Pending Petition- considering applications to adjourn petitions for bankruptcy (Aabar Block SARL and another v Maud)”. Click here to access the Lexis PSL article.
